💨 Abstract

The index rose to a fresh six-month high of 105.03, and was last at 104.95, up 0.2%, with the euro down 0.08% to $1.0711. Some investors said the data may add to signs that interest rates could remain elevated for longer. The U.S. Federal Reserve is still expected to pause in its rate hikes when it meets later this month.

Courtesy: theprint.in