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Dollar firms as hot US CPI lifts October Fed rate hike odds

Original: https://www. walknews.com/1403627/ 【NY為替オープニング】原油高、米9月CPI加速で10月FOMCでの利上げ確率上昇、ベージュブックに注目|FX・為替ニュース – ザイFX! # Business # C

In New York forex trading, the dollar drew support after US September CPI inflation came in faster than expected, raising market odds of a rate hike at the upcoming October FOMC meeting. Rising crude oil prices added to inflation concerns, and traders are now watching the Fed's Beige Book for further clues on the economy's direction.

Why now: A hotter-than-expected September US CPI report has shifted expectations for the Federal Reserve's October FOMC decision, moving currency and bond markets.

Federal ReserveFOMCUS CPINew York foreign exchange market

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