Dollar Falls After Lower-Than-Forecast U.S. Inflation Data

CONCLUDED By Renae Dyer, Dow Jones Newswires The dollar turns lower after data showed U.S. headline inflation accelerated less than forecast and core inflation unexpectedly eased in September, firming expectations for further interest-rate cuts. Inflation rose to an annual rate of 3.0% in September from 2.9% in August. Economists in a WSJ survey had expected inflation to reach 3.1%. Core inflation eased to 3.0% from 3.1%, against expectations for it to remain unchanged. The data cement bets that the Federal ...