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Dollar Rally Builds as Hawkish Fed Meeting Stokes Rate-Hike Bets

Dollar Rally Builds as Hawkish Fed Meeting Stokes Rate-Hike Bets
Bloomberg Markets Thursday 18 June 2026, 13:55 UTC By Carter Johnson, Anya Andrianova 1 min read
Key Points

Currencies Dollar Rally Builds as Hawkish Fed Meeting Stokes Rate-Hike Bets The dollar extended its rally for a second day, pushing it back toward the late-March peak, as traders piled into bets that the Federal Reserve will start raising interest rates as soon as late next month. The advance pushed the Bloomberg Dollar Spot Index roughly 1% above where it was ahead of Wednesday’s Fed meeting, when Chairman Kevin Warsh emphasized the central bank’s inflation-fighting role and forecasts...

Currencies Dollar Rally Builds as Hawkish Fed Meeting Stokes Rate-Hike Bets The dollar extended its rally for a second day, pushing it back toward the late-March peak, as traders piled into bets that the Federal Reserve will start raising interest rates as soon as late next month. The advance pushed the Bloomberg Dollar Spot Index roughly 1% above where it was ahead of Wednesday’s Fed meeting, when Chairman Kevin Warsh emphasized the central bank’s inflation-fighting role and forecasts showed many policymakers anticipate increasing rates before the end of the year.
Rally Builds (ORG) Fed (ORG) the Federal Reserve (ORG) Kevin Warsh (PERSON)
Originally published by Bloomberg Markets Read original →

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