Action Insight-Forex Analysis – Dollar Climbs as Fed Loses Unanimity on Warranting Low Rates
Dollar surges across the board as FOMC members lost unanimity on
keeping borrowing costs low. Fed left rates unchanged at 0-0.25% today and in the accompanying statement, it still said that rate “are likely to warrant exceptionally low levels of the federal funds rate for an extended period.” However, one…
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Tags: Analysis, borrowing, costs, dollar, federal, FOMC, Forex, funds, keep, low, members, rate, surges
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