Tag: Fed rate pause
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Fed Rate Pause Impact on Markets and Eurozone Inflation
This decline, resulting in a 2-week low for the dollar, was exacerbated by weaker-than-expected U.S. economic data. In a noteworthy development, the dollar index (DXY00) experienced a decline of -0.36% due to Fed rate pause on Wednesday The August ADP employment change and Q2 GDP figures were below expectations, fueling speculation about the possibility of a…