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Follow-up/newspaper of integrity.US dollar prices jumped in trading on Wednesday after tips from Janet moderate Chairman of the Federal Reserve that the US Central Bank might accelerate the timetable for ending the u.s. interest rates low.
The yen fell more than 1 percent against the u.s. currency, while the dollar index climbed 0.7 percent to 86.3 after fed at the conclusion of a two-day meeting that will go ahead with plans to exit its stimulus to buy bonds.
Central American also said that likely needs to keep interest rates low until the economy recovers due to the continuing effects of the financial crisis.
But in a news conference later she moderated that interest rates may start to rise after six months from the expected end of the bond purchases this fall. Over 9
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The yen fell more than 1 percent against the u.s. currency, while the dollar index climbed 0.7 percent to 86.3 after fed at the conclusion of a two-day meeting that will go ahead with plans to exit its stimulus to buy bonds.
Central American also said that likely needs to keep interest rates low until the economy recovers due to the continuing effects of the financial crisis.
But in a news conference later she moderated that interest rates may start to rise after six months from the expected end of the bond purchases this fall. Over 9
[You must be registered and logged in to see this link.]
