The bank cautions that a significant upside surprise on inflation could not only delay policy easing but also halt — or even reverse — the recent weakening trend in the US dollar.
I should clarify my headline:
MUFG warns hot CPI could derail Sept Fed cut, Dollar jumps, sparking leak speculation.The USD jumped on Monday. Did hotter than expected CPI data leak?Errrr.... the clarification is I haven't seen any speculation on this, its just me ;-)
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