Tag: weaken

US dollar to weaken, but Fed rate cuts are required, say strategists

By Hari Kishan BENGALURU (Reuters) – The dollar’s relentless strength in the recent past will make way for minor weakness over the next 12 months, according to FX strategists in a Reuters poll, who generally agreed the dollar was overvalued. Analysts have been predicting dollar weakness just around the corner for months. But the greenback […]

Ukraine says extending use of Western arms will weaken Russia near border

KYIV (Reuters) – Ukrainian President Volodymyr Zelenskiy’s chief of staff said on Tuesday that using Western weapons to strike inside Russia was a vital decision that would impact Moscow’s tactical aviation and its capability to operate in border areas. Following pressure from Ukraine and some of its European allies, the U.S. agreed last week to […]

Fed’s Collins says economy may need to weaken to get 2% inflation

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Boston President Susan Collins said on Wednesday that the U.S. economy needs to cool off as an avenue toward getting inflation back to the central bank’s 2% target. “A slowdown in activity will be needed to ensure that demand is better aligned with […]

We cannot tolerate any effort to weaken NJ’s OPRA legislation

As concerned members of the League of Women Voters of Morristown Area, we wish to express both our collective disappointment and ongoing opposition to the New Jersey Legislature’s recent efforts to weaken the Open Public Records Act.  This pivotal law serves as the bedrock of transparency and accountability in our state government. As such, any […]

German inflation continues to weaken

Inflation in Germany weakened further in February, with the consumer price index (CPI) up an annual 2.5% this month compared to a 2.9% annual rise in January, according to preliminary data released by the Federal Statistical Office on Thursday. Economists expect inflation to fall further over the course of the year. However, the decline could […]