EconomyDollar near two-week high as Warsh boosts rate-hike bets; yen hovers near 160
The dollar held close to a two-week high on Monday as hawkish comments from Federal Reserve Chair Kevin Warsh and renewed Gulf tensions led markets to increase their expectations for a rate hike. The yen remained under pressure near the closely watched 160-per-dollar level.
People in this report Kevin Warsh
R
Reuters★★★☆☆2026-08-31 06:25Original
Dollar near two-week high as Warsh boosts rate-hike bets; yen hovers near 160
Economy