US Dollar reacts to Fed’s decision on inflation and rate cuts
Key Takeaways: 🔻 Dollar fell after Fed signaled leaning towards rate cuts 📉 Fed wants confidence that inflation will fall before cutting rates 📊 Fed unlikely to hike next 📈 Consumer price inflation in March higher than expected 💵 Fed announced tapering balance sheet shrinkage 📆 Friday’s jobs report expected to show job growth 💶 … Read more