{
  "id": 9406107,
  "title": "Dollar jumps to near two-month high on Fed outlook, inflation concern",
  "url": "https://urgent.news/2026/09/23/dollar-jumps-to-near-two-month-high-on-fed-outlook-inflation-concern-9406107",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-23T15:22:19.000Z",
  "source": {
    "name": "Channel News Asia",
    "slug": "channel-news-asia",
    "url": "https://www.channelnewsasia.com/business/dollar-jumps-near-two-month-high-fed-outlook-inflation-concern-6403811"
  },
  "original_language": "en",
  "account": "On Wednesday, the US dollar surged to levels not seen in nearly two months as investors anticipated an imminent Federal Reserve rate hike. The dollar's gain was fueled by the expectation of additional interest rate increases from the central bank, should inflation fail to ease. Last week, the Federal Reserve raised rates by 25 basis points to a range of 3.75%-4.00%. Fed Governor Michael Barr indicated that the bank had recalibrated short-term borrowing costs to combat inflation and would likely proceed with further hikes. This rate-focused trend was confirmed by market analyst Elias Haddad, who noted that the dollar's upward momentum stemmed from the Federal Reserve's hawkish stance. Meanwhile, oil prices experienced a rise after Iran voiced doubts about the progress of peace talks, highlighting the broader geopolitical concerns impacting global markets.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "CNA - Business",
        "title": "Dollar jumps to near two-month high on Fed outlook, inflation concern",
        "url": "https://urgent.news/2026/09/23/dollar-jumps-to-near-two-month-high-on-fed-outlook-inflation-concern",
        "published": "2026-09-23T15:22:19.000Z"
      }
    ]
  },
  "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."
}