September 24, 2025

Dollar Rises as Markets Weigh Fed’s Cautious Tone on Easing

New york: The US dollar edged up from its lowest level in close to a week on Wednesday after Federal Reserve Chair Jerome Powell struck a cautious tone on further easing. The movement in the currency market reflects traders’ reactions to Powell’s comm…

Australian Inflation Hits One-Year High

Doha: Australia’s annual inflation rate rose to its highest level in 12 months in August, with headline inflation climbing to 3%, dashing expectations of an interest rate cut this month. Official data released Wednesday showed the monthly consumer pri…