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Dollar Weakens as a Fed Official Calls for Rate Cuts

Foreign Exchange & Fixed Income

Rich Asplund

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July 18, 2025

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Barchart

The dollar index (DXY00 ) Friday fell by -0.24%. The dollar came under pressure today following comments from Fed Governor Christopher Waller on Thursday evening, who stated that he supports a Fed interest rate cut at the July 29-30 FOMC meeting. Also, an easing of inflation expectations in today's University...

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