SUBSCRIBERS
Dollar rebounds ahead of Fed policy statement
Published Wed, Dec 17, 2014 · 09:50 PM
London
THE US dollar edged up on Wednesday, a day after falling amid a flight to safety as a Russian currency crisis took hold and as speculation grew of the Federal Reserve taking a more cautious tone on monetary policy.
Many were expecting the Fed to drop its use of the phrase "considerable time" to describe how long interest rates will stay near zero in its final policy statement of the year later.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
DBS customers unable to log into digibank, PayLah! on Thursday
NYSE-parent ICE’s revenue misses as muted IPO markets offset record energy trading
Amazon bets big with CrowdStrike on cybersecurity products
Goldman Sachs scraps EU-era bonus cap for top bankers in UK: source
Thomson Reuters lifts 2024 forecast on first quarter revenue result
US: Wall St opens higher after Fed leaves interest rates alone