The dollar index (DXY), which measures the greenback against a basket of major currencies, was last up 0.10% at $101.93 and remains up over 3.8% for the year to date.
Dollar weekly moves and key drivers:
Over the past week, the
Kashkari warns inflation has spread beyond oil shock (DXY:) (DXY:) (DXY:) (DXY:)
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Minneapolis Federal Reserve President Neel Kashkari said inflation remains unacceptably high, with price pressures spreading well beyond energy markets disrupted by the Iran war.
“The inflation that the American people are feeling every day is much beyond just oil prices. It’s