Fed rate hike odds stumble (Sept at 13.0% of a hike, November at 20.2%)
Fed's Harker will may be at a point where it can hold rates steady
Fed's Barkin notes inflation remains too high
Risk aversion was providing the dollar with some momentum but that move might have been exhausted after Fed's Harker signaled they could be done raising rates. Harker noted, "Absent any alarming new data between now and mid-September, I believe we may be at the point where we can be patient and hold rates steady
08-08-2023 09:55 GMT
by Edward Moya
