Posts Tagged
The New Zealand dollar slid after the central bank left the door open to an interest rate cut as inflation remains contained.
Stocks Jump as Dollar Tumbles on Tame Inflation: Markets Wrap
published May 10, 2018 3:02:31 PM, by Sarah Ponczek (Bloomberg) — U.S. stocks rallied to a seven-week high while the dollar sank after a weak inflation reading signaled the Federal Reserve won’t need to step up the pace of interest-rate increases. Chipmakers paced gains in major American equity benchmarks, while
