Euro sinks to weakest since April 2025 on dollar strength
The euro fell to its weakest since April 2025 as US Treasury yields rose and the market priced in more Fed tightening.
1 h ago6 min read
Goolsbee says services inflation is starting to pick up
Goolsbee is starting to see services inflation pick up, with data centers overheating and consumer spending driving growth; a December hike is priced at 84%.
09/11/2026 16:121 min read
- Data-center activity increasingly looks like an old-fashioned overheating episode.
- Consumer spending has served as the main engine of growth.
Goolsbee has been leaning hawkish for a while, and market pricing has already moved to match that. A December hike is now priced at 84%.
Share to
Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
Related articles
US dollar gains ground as Treasury yields continue climbing
The US dollar rose as Treasury yields climbed, with EURUSD and GBPUSD hitting new lows and USDCAD rallying.
1 h ago12 min read
Goolsbee flags AI investment as demand stimulus, not supply boost
Fed's Goolsbee calls AI investment a demand stimulus, not supply boost, signalling the debate has shifted to how fast to hike.
1 h ago10 min read
US Existing Home Sales Miss Estimates in October
US existing home sales fell to 3.75m in October, below the 3.85m forecast, down from 3.99m in September.
3 h ago7 min read