The US Dollar Index (DXY) climbed as inflation data aligned with forecasts, showing year-over-year (YOY) inflation at 2.4%, the lowest since May 2025, while core inflation remained at 2.5%. Monthly CPI increased by 0.3%, driven by rising costs in shelter, gasoline, and food. The Federal Reserve’s upcoming decisions will hinge on future inflation reports, particularly April’s data, which may reflect broader economic trends. For traders, the stable inflation figures reduce immediate pressure for aggressive Fed rate cuts, supporting the dollar’s strength. However, the lack of surprises in the data limits potential for sharp DXY movements. Investors should monitor April’s inflation report and Fed officials’ commentary for clues on monetary policy direction.
مباشر