{
  "id": 14347240,
  "title": "Dollar languishes as focus turns to CPI, Fed speakers",
  "url": "https://urgent.news/2026/10/14/dollar-languishes-as-focus-turns-to-cpi-fed-speakers-14347240",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-14T01:27:29.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today-freemalays",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/10/14/dollar-languishes-as-focus-turns-to-cpi-fed-speakers"
  },
  "original_language": "en",
  "account": "The dollar index slipped slightly on Wednesday, falling 0.02% to 102.16 after a 0.35% decline the previous day, as traders awaited fresh clues about when interest rates may rise to tackle ongoing inflation. The greenback slipped from an 18-month peak in the prior session, due to easing oil prices and investors reevaluating the AI-driven rally that bolstered demand for US assets. The euro held onto gains amid French budget worries, which kept regional bond yields high and markets jittery. Focus now shifts to the release of US consumer price index data and speeches from Federal Reserve officials that may shed light on the path for interest rates. Currency strategists warn that a surprise rise in core CPI could boost expectations for a Fed rate hike in October and strengthen the USD. The greenback slid on Tuesday following remarks from New York Fed President John Williams, who still anticipates one more rate hike this year but sees no need for additional increases in 2027. The US Labor Department is set to release its CPI for September, expected to show a 0.6% month-on-month rise after a 0.4% increase in August, with annual inflation projected to quicken to 3.6% from 3.4%. The Fed will also publish its Beige Book. Markets price a 77% chance that the Fed will keep rates steady at its Oct 27-28 meeting, up from 51% a month ago, and anticipate about 75 basis points of tightening by late 2027, according to CME Group's FedWatch Tool. Investors pulled back on bets of a Fed rate hike later in the month after two officials urged more evidence before deciding on further tightening, and Fed Governor Christopher Waller said inflation expectations remain well anchored. Richmond Fed President Thomas Barkin will speak at a fireside chat in Virginia, while Federal Reserve Vice Chair for Supervision Michelle Bowman will join talks in Bangkok. The IMF and World Bank's annual gatherings are ongoing in Bangkok, with European Central Bank President Christine Lagarde expected to make appearances on Wednesday.",
  "summary": "The greenback weakened from an 18-month high as oil prices eased and investors reassessed the AI-fuelled rally that has supported US asset demand.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "CNA - Business",
        "title": "Dollar languishes as focus turns to CPI, Fed speakers",
        "url": "https://urgent.news/2026/10/14/dollar-languishes-as-focus-turns-to-cpi-fed-speakers",
        "published": "2026-10-14T01:17:58.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Dollar languishes as focus turns to CPI, Fed speakers",
        "url": "https://urgent.news/2026/10/14/dollar-languishes-as-focus-turns-to-cpi-fed-speakers-14349067",
        "published": "2026-10-14T01:27:29.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Dollar languishes as focus turns to CPI, Fed speakers",
        "url": "https://urgent.news/2026/10/14/dollar-languishes-as-focus-turns-to-cpi-fed-speakers-14339991",
        "published": "2026-10-14T01:39:40.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Dollar languishes as focus turns to CPI, Fed speakers",
        "url": "https://urgent.news/2026/10/14/dollar-languishes-as-focus-turns-to-cpi-fed-speakers-14350373",
        "published": "2026-10-14T02:42:20.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}