The U.S. dollar drifted lower on Wednesday as the Federal Reserve raised interest rate by 25 basis points and projected just one more rate hike this year.
The Fed also said additional policy firming may be appropriate, although that marks a shift from saying ongoing increases in rates will be appropriate.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com