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Macro Finance

Dollar Has Worst Week in Month With Warsh Quiet on Rate Path

Bloomberg Markets·October 16, 2026·1 min read

The dollar had its worst week in a month as its rally ran out of steam after Federal Reserve Chairman Kevin Warsh's remarks failed to give the currency a lift. Without clear guidance on the rate path, the dollar weakened, ending a monthlong streak of gains and reflecting market uncertainty about future monetary policy.

Read at Bloomberg Markets
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