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28 Aug 2026 · 18:30 GMT+3

US Dollar Index rallies as Warsh puts September rate hike back on the table

The US Dollar Index (DXY) rallies on Friday, gaining 0.36% to trade around 99.50 at the time of writing, as Federal Reserve (Fed) Chair Kevin Warsh’s hawkish remarks at the Jackson Hole Symposium prompt investors to sharply reassess the outlook for US interest rates.

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