Dollar Eases as Investors Weigh Fed Divergence

Group 1 - The dollar has eased slightly as investors assess comments from Federal Reserve officials regarding interest rate cuts [1][2] - Fed official Austan Goolsbee expressed no urgency to cut rates due to inflation remaining above the 2% target, while Stephen Miran indicated that current policy is too restrictive [2] - Mary Daly from the Fed mentioned an open mind about a potential rate cut in December, whereas Lisa Cook did not commit to another rate cut [2]