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President Trump also ratcheted up pressure on the Fed Chair to enact a “big rate cut now,” citing weakening producer prices and arguing that inflationary risks are receding. These dovish cues helped push the U.S. dollar lower this week, improving the outlook for commodities whose prices are dollar-sensitive.
By Jennifer PickerelPresident Trump also ratcheted up pressure on the Fed Chair to enact a “big rate cut now,” citing weakening producer prices and arguing that inflationary risks are receding. These dovish cues helped push the U.S. dollar lower this week, improving the outlook for commodities whose prices are dollar-sensitive.