{
  "id": 19430978,
  "title": "Dollar gains traction as Fed speakers warn of risks from inflation",
  "url": "https://urgent.news/2026/11/11/dollar-gains-traction-as-fed-speakers-warn-of-risks-from-inflation",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-11T01:09:00.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/11/11/dollar-gains-traction-as-fed-speakers-warn-of-risks-from-inflation"
  },
  "original_language": "en",
  "account": "The US dollar index, a measure of the greenback's strength against six currencies, held steady at 102.22, close to its highest level since October 28. This gain came amid a hotter-than-expected inflation report and hawkish remarks from Federal Reserve officials, driving speculation that the central bank may raise rates next month. The US dollar index closed up 0.5% on Tuesday after US consumer prices rose more than anticipated in October, driven by higher food and accommodation costs. Analyst Chris Weston said the market is not simply pricing in another rate hike, but rather questioning how restrictive U.S. monetary policy may ultimately need to become, a debate with significant implications for risk assets. The euro and British pound remained flat, while the US dollar was steady against the yen at 158.715 yen. Meanwhile, the Australian and New Zealand dollars edged back from seven-month lows. Fed futures now indicate a 91.9% probability of a 25-basis-point rate hike next month, up from 84% a day earlier, suggesting a shift away from expectations of a pause and towards a 9.1% chance of a 50-basis-point increase, with odds of a second hike in January tipping slightly in favor. The yield on the US 10-year Treasury bond rose 13.8 basis points to 4.996%. In cryptocurrencies, bitcoin dipped 0.3% to $73,566.45, while ether fell 0.5% to $2,044.61, both near three-month lows.",
  "summary": "Hawkish comments from US central bank officials and a hotter-than-expected inflation report fuelled bets on a rate hike next month.",
  "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."
}