If core inflation in the United States remains sticky, the US dollar may rise

Odaily Planet Daily News: Chris Turner, an analyst at Dutch International Group, said in a report that if core inflation in the United States remains stable in April, the US dollar may receive some support. This will 'fuel the argument that the Federal Reserve is not in a hurry to cut interest rates'. This month, the market has reduced its bets on interest rate cuts and postponed the expectation of the next rate cut to September. Economists predict that the core inflation rate will rise by 0.3% month on month in April, higher than the 0.1% in March. (Golden Ten)