US Inflation Cools Down, Dollar Weakens

The latest US inflation report showed consumer price growth slowing more than analysts had expected, putting significant pressure on the dollar. The greenback fell against most global currencies following the CPI release. Markets began pricing in earlier Fed rate cuts more aggressively. For Kazakh investors, a weaker dollar matters as it influences the tenge exchange rate, import costs, and the appeal of dollar-denominated assets. Emerging market currencies across the CIS region benefited from the dollar's decline. Dollar-priced commodities like oil and metals also received a boost.