US Treasury Sec. Yellen: Overall good feeling that inflation is coming down

US Treasury Secretary Janet Yellen said on Monday that overall, she has a “good feeling that inflation is coming down.”

“US labor market is still very tight,” Yellen added.

Market reaction

The US Dollar Index remains vulnerable below 102.00 on the above comments. The spot is trading at 101.75, down 0.26% so far.

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