Action Insight-Forex Analysis – Dollar Climbs as Fed Loses Unanimity on Warranting Low Rates
Wednesday, January 27th, 2010Dollar 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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