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EconomyDollar retreats from 18-month high despite hot CPI as Fed officials temper hike bets

The dollar fell from an 18-month high on Thursday, even as inflation exceeded expectations. Cautious comments by Federal Reserve officials and lower Treasury yields prompted traders to reduce bets on an October rate hike.

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RReuters★★☆☆☆2026-10-15 03:00Original

Dollar retreats from 18-month high despite hot CPI as Fed officials temper hike bets
Dollar retreats from 18-month high despite hot CPI as Fed officials temper hike betsEconomy