{
  "id": 19435480,
  "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-19435480",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-11T02:58:40.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40448388/dollar-gains-traction-as-fed-speakers-warn-of-risks-from-inflation"
  },
  "original_language": "en",
  "account": "The US dollar strengthened in early Asian trade on Wednesday, reaching a two-week high, as inflation data and comments from Federal Reserve officials suggested the central bank may raise interest rates in the near future. The US dollar index stood at 102.22, edging closer to its highest level since October. Data revealed US consumer prices rose more than anticipated in October, driven by higher food and accommodation costs. Analysts noted that the market is not just anticipating another rate hike, but also questioning the extent of the tightening needed, which poses a significant challenge for risk assets. The dollar remained strong against major currencies like the euro and British pound, while showing stability against the yen. Meanwhile, the Australian and New Zealand dollars showed slight gains. Fed funds futures indicated a high likelihood of a 25-basis-point rate increase next month, with traders now betting against a pause, with a 9.1% chance of a 50-basis-point move. The yield on the US 10-year Treasury bond rose by 13.8 basis points to 4.996%. In cryptocurrency markets, bitcoin and ether experienced slight declines, trading near three-month lows.",
  "summary": "SINGAPORE: The dollar held gains near a two-week high in early Asian trade on Wednesday as a hotter-than-expected inflation report and hawkish comments from Federal Reserve officials fuelled bets the central bank will raise rates next month. The US dollar index , which measures the greenback’s strength against a basket of six currencies, was steady at 102.22, closing in on its highest level since…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Free Malaysia Today",
        "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",
        "published": "2026-11-11T01:09:00.000Z"
      }
    ]
  },
  "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."
}