Hello and welcome to the details of Dollar edges up after US consumer prices rise more than expected and now with the details
Nevin Al Sukari - Sana'a - The dollar index rose 0.379 per cent at 106.060, while the euro was down 0.4 per cent to US$1.0575. — Reuters pic
NEW YORK, Oct 12 — The dollar strengthened today after US consumer prices rose more than expected in September influenced by higher gasoline prices, suggesting the Federal Reserve may keep interest rates elevated for some time.
The consumer price index increased 0.4 per cent last month after a 0.3 per cent gain in August, the Labour Department said. The CPI jumped 0.6 per cent in August, which was the largest increase in 14 months.
Advertisement
The dollar index rose 0.379 per cent at 106.060, while the euro was down 0.4 per cent to US$1.0575. — Reuters
Advertisement
These were the details of the news Dollar edges up after US consumer prices rise more than expected for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.
It is also worth noting that the original news has been published and is available at Malay Mail and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.
