Dollar Climbs as Fed Loses Unanimity on Warranting Low Rates
January 27, 2010 by
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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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