USD should perk up a bit more if inflation looks stickier than markets expect – Scotiabank

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USD should perk up a bit more if inflation looks stickier than markets expect – Scotiabank DollarIndex Inflation InterestRate Banks Fed

data. Stickier than expected figures should enliven the greenback a bit more, economists at Scotiabank report.in the wake of the wobbles in US regional banks yesterday but today’s data could indicate that policymakers are still battling significant inflationary pressures which will mean that US rates still have to move a bit higher still.”in Feb and for headline inflation to fall to 6.0% . Core prices are called a tenth lower from Jan at 5.5% YoY.

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