Week Ahead: US inflation set to peak, will the dollar follow?

Global Market Insights - Forex, Futures, Stocks

May 6 2022 • 7 mins

The Fed signaled that it will avoid shock-and-awe rate increases, putting more emphasis on avoiding a recession rather than vanquishing inflation. Another round of US inflation data is on tap next week and the Fed might finally get some good news, as the yearly CPI rate may have peaked. Is this the beginning of the end for the dollar’s supremacy? Maybe not.

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