arenas_11
06-16-2005, 11:15 AM
Some tears are drop by the greenback as US capital inflows data in April failed to meet with the trade deficit to the month on Wednesday. Against the euro, the dollar was at $1.2110 after the actuality. US net capital inflows reached $47.4 billion in April compared to $40.6 billion in March. Money analysts had anticipated inflows to reach $60 billion in April. US trade deficits struck totals of $57 billion in April, and $53.6 billion in March. The US consumer price index in May dropped by 0.1 percent, although the core consumer price index rose with a minimum 0.1 percent. This implies the Federal Reserve could slow down its rate of rate of interest increases that are forthcoming that are anticipated resulting in a fall in the evaluation of the dollar. Really, the US economy's Beige Book photo indies that inflation stays under control.
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