BlockBeats reports that the US dollar is trading narrowly, with a new Fed board appointment and weak employment data raising speculations on potential rate cuts amid concerns over tariff impacts.
PANews reported that despite strong labor productivity, slowing demand and rising service sector prices indicate mild stagflation. Upcoming economic data releases and FOMC speeches have fueled expectations for a September rate cut. On August 11, BlockBeats observed that the US dollar traded in a narrow range as investors awaited CPI inflation data, while weakened employment and a new Fed board appointment further intensified speculations on potential rate cuts, with analyst Chris Weston from Pepperstone noting the impact of tariffs on core commodity inflation.