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On the other hand, political instability also played a role in this decisive move. President Trump’s criticism of Fed Chair Jerome Powell created fears of policy interference. His remarks pushed the US Dollar Index to a three-year low of 97.923 and spooked bond markets, with 10-year Treasury yields rising above 4.4%. These developments weakened fiat
The Commerce Department released a report on Thursday showing business inventories in the U.S. increased in line with economist estimates in the month of June. The report said business inventories rose by 0.3 percent in June after climbing by 0.5 percent in May. The growth matched expectations. The increase by business inventories largely reflected notable