CNBC Currencies News - Fed Interest Rate Expectations Underpin Dollar

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CNBC Currencies News - Fed Interest Rate Expectations Underpin Dollar

Dec 18 2007, 12:58 AM

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The dollar rose towards this week's two-month high against major currencies on Tuesday, underpinned by expectations that the threat of rising inflation could prevent the Federal Reserve from cutting interest rates aggressively. [url="http://www.cnbc.com/id/22302091?__source=RSS*tag*&par=RSS"] Read More
[/url]Topics:Banking | Central Banks | Inflation | Economy (U.S.) | Economy (Global) | Federal Reserve | euro | Yen | U.S. Dollar | CurrenciesSectors:Banks | Financial ServicesMEDIA: IPB Image [url="http://www.cnbc.com/id/22302091?__source=RSS*tag*&par=RSS"]PHOTO
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http://www.cnbc.com/id/22302091?__source=R...ag*&par=RSS

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