United States Redbook Index (YoY) declined to 5.1% in July 18 from previous 5.2%

Jul 22, 2025

The US Dollar Index treads water below 98.00

The Greenback, when tracked by the US Dollar Index (DXY), alternates gains with losses in the lower end of the weekly range below the 98.00 support amid another day of generalised weakness in US yields.

US Treasury Sec. Bessent: Nothing tells me Powell should step down right now

In an interview with Fox Business Network on Tuesday, United States (US) Treasury Secretary Scott Bessent said that Federal Reserve Chairman Jerome Powell's term end in May and added that there is nothing that tell him Powell should step down right now, per Reuters.