Dollar jumps as Fed rate guidance shows quiet confidence in US economy – Reuters
Reuters |
Dollar jumps as Fed rate guidance shows quiet confidence in US economy
Reuters TOKYO (Reuters) – The dollar took the upper hand on Thursday after the Federal Reserve signaled it was on track to raise interest rates next year, altering a pledge to keep them near zero for a "considerable time" in a show of confidence in the U.S. economy. Interest rate hike not expected in first quarter of 2015 Fed confident on US growth, opens door wider to rate hike Fed rate wording boosts Asian stock markets |
