{
  "id": 19331435,
  "title": "US dollar steadies as Fed governor calls for more rate hikes",
  "url": "https://urgent.news/2026/11/10/us-dollar-steadies-as-fed-governor-calls-for-more-rate-hikes",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-10T12:27:47.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/forex-dollar-steadies-waller-argues-more-rate-hikes-inflation-next"
  },
  "original_language": "en",
  "account": "The US dollar steadied on Tuesday (Nov 10) following a volatile few days, buoyed by hawkish comments from Federal Reserve Governor Christopher Waller ahead of anticipated US inflation data. Economists forecast headline consumer inflation to rise to 3.9% and core inflation to 2.8% year on year in October. A miss in either direction could influence the dollar's trajectory in the coming weeks. Analyst Lee Hardman of MUFG noted that three consecutive strong core CPI prints would heighten concerns among market participants and the Fed over potential spillover of higher energy prices into broader inflation. A disappointing report would exacerbate the recent selling pressure. Waller, a key Fed official, recommended an additional half-point rate hike if inflation deteriorated. This stance bolstered expectations of a December rate hike, lifting the US dollar modestly. However, markets remained cautious as the data loomed. The euro slipped 0.1% to $1.1215, while the pound weakened 0.15% to $1.3423. The dollar also gained versus the yen and franc, reaching 158.2 yen and 0.8209 francs, respectively. This stability followed a tumultuous period, where a robust October jobs report initially propelled the dollar, only for it to reverse following a drop in oil prices and a stock market rally. The Australian and New Zealand dollars also strengthened, buoyed by positive electoral results and the prospect of stable central bank policies.",
  "summary": "[GDANSK/LONDON] The US dollar nudged higher on Tuesday (Nov 10) following a bumpy few days, helped by hawkish remarks from Federal Reserve...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}