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EM Currencies Gain as US Inflation Eases Fed Rate-Hike Fears

1 source ·1 article ·5h ago

Emerging-market currencies extended gains on Wednesday after key US inflation data showed underlying price pressures remained subdued in July, likely easing pressure on the Federal Reserve to raise interest rates soon.

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Bloomberg 1

All coverage · 1 article

Bloomberg Markets ·5h ago

EM Currencies Gain as US Inflation Eases Fed Rate-Hike Fears

Emerging-market currencies extended gains on Wednesday after key US inflation data showed underlying price pressures remained subdued in July, likely easing pressure on the Federal Reserve to raise interest rates soon.