Dollar Gains as Market Awaits Fed Minutes; Pound Steady on Inflation Data The dollar strengthened on Wednesday as investors awaited the Federal Reserve’s meeting minutes for clues on the future of interest rates, while the British pound stabilized following data showing a drop in UK inflation in April. Despite a milder U.S. inflation reading last week, Fed officials remain cautious, with Governor Christopher Waller and President Loretta Mester indicating a need for more consistent data before considering rate cuts. The upcoming Fed minutes are expected to shed light on the central bank’s stance regarding inflation and potential rate adjustments. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Poland’s Central Bank ramps up Gold Purchases during July, and now holds 300 tonnes of Gold READ MORE 78% of Americans Living Paycheck to Paycheck in 2024, Study Reveals READ MORE Debt Avalanche Ahead: BlackRock CEO Sounds the Alarm on U.S. Economy READ MORE Inflation Has Shifted How Everyday Americans View the Economy READ MORE Weak July Jobs Data Stirs Recession Fears, but Economists Urge Caution READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment