Stocks Rise on AI Confidence; Tensions Mount in the Middle East | Bloomberg Brief 08/17/2026
The dollar falls to a three-month low as the latest economic data further ease bets on Fed rate hikes. The 60-day deadline of the US-Iran MOU expires and Tehran says it has lost "all relevance" because of the violations from the US. Ella Gude of BNY Investments Newton discusses the Fed's rate path. (Source: Bloomberg)
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