Dollar Rises After Fed's Waller Says 'No Rush' to Cut Interest Rates

The dollar rose in Europe,, reaching its strongest in six weeks against a basket of currencies, after the Fed’s Christopher Waller said there was “no rush” to cut interest rates due to high inflation readings and strong job gains in early 2024.

The dollar rose in Europe,, reaching its strongest in six weeks against a basket of currencies, after the Fed’s Christopher Waller said there was “no rush” to cut interest rates due to high inflation readings and strong job gains in early 2024.