DXY & Forex

Gate News message: On April 9, the U.S. reported that the February Core PCE price index (Personal Consumption Expenditures Price Index, a key inflation indicator of the Federal Reserve) came in at 3% year-over-year, in line with the market’s expected value of 3%.

Gate News message: On April 9, Hasett, the director of the National Economic Council at the White House, said that interest rates should be lower. He expects that the current Federal Reserve chair, Powell, will not remain in his role as a Federal Reserve governor. Earlier news: Trump nominated Wosh to be the chair of the Federal Reserve, and the Senate hearing is expected to be held on April 16.