DXY Eases after Inflation Data

2026-01-13 13:47 By Agna Gabriel 1 min. read

The US dollar index was at the 99 level on Tuesday as investors increased bets that the Federal Reserve will cut interest rates further following encouraging inflation data.

The latest figures showed underlying price pressures are easing, reinforcing the view that inflation is gradually cooling.

Core consumer prices, which exclude food and energy, rose 0.2% in December, less than market expectations, while the annual core inflation rate held at 2.6%, matching a four-year low.

The data offered a clearer signal of slowing inflation after earlier reports were distorted by shutdown effects.

Rate futures reflected a split market between two or three rate cuts by the Fed this year, more than projected by FOMC members.



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