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Fri, Oct

Dollar Extends Gains as Markets Heed Cautious Tone From Powell on Rates

Dollar Extends Gains as Markets Heed Cautious Tone From Powell on Rates

Financial News
Dollar Extends Gains as Markets Heed Cautious Tone From Powell on Rates

Speaking at an event in Providence, RI, on Tuesday, Powell talked about the “challenging” situation of accelerating inflation and weakening labor markets and stressed there is no “risk free path” for the central bank to follow.

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