The U.S. dollar is set for its largest yearly fall since 2017. Concerns over interest rate cuts and trade policies are impacting currency markets. The euro and sterling have seen significant gains. The Japanese yen is an outlier, remaining flat. Analysts expect the dollar’s weakness to continue into 2026.
Fed Governor Michael Barr signals more rate hikes needed to tame inflation
Federal Reserve Governor Michael Barr announced that additional rate hikes may be necessary to manage inflation. He indicated that while economic growth is strong, inflation