Dollar slides to two-week low after U.S. inflation data
NEW YORK, Feb 14 (Reuters) - The dollar fell to a roughly two-week low on Tuesday after data showed consumer prices rose in January but posted their smallest annual rise since October 2021, affirming expectations the Federal Reserve may be nearing the end of its monetary policy tightening cycle.
The U.S. currency briefly rose after the release of the data, but fell across the board a few minutes later.