How a weaker dollar can benefit American consumers, businesses

How a weaker dollar can benefit American consumers, businesses

The dollar fell to its lowest level since December on Wednesday as investors anticipate Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole economic conference in Wyoming. The dollar has consistently been trending downward in August. In 2022, the dollar reached its highest level since the early 2000s, after experiencing a decade of sustained … Read more

UK inflation, March 2024

UK inflation, March 2024

Inflation in the U.K. eased to 3.2% from 3.4% in March, the Office for National Statistics said on Wednesday, but a set of higher-than-expected figures spurred investors to push back bets on the timing of the first Bank of England rate cut. Economists polled by Reuters had expected a reading of 3.1%. Food prices provided … Read more