Dollar Hits Four-month Low As Federal Reserve Signals End To Rate Hike Cycle - Crime - Nairaland
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| Dollar Hits Four-month Low As Federal Reserve Signals End To Rate Hike Cycle by Mateco556: 9:49pm On Dec 14, 2023 |
In a significant shift in market dynamics, the U.S. dollar plummeted to a fresh four-month low on Thursday following indications from the Federal Reserve that its interest-rate hike cycle has concluded, and lower borrowing costs are on the horizon in 2024. Federal Reserve Chair Jerome Powell, during Wednesday’s Federal Open Market Committee (FOMC) meeting, conveyed that the historic tightening of.............. https://ratecaptain.com/dollar-hits-four-month-low-as-federal-reserve-signals-end-to-rate-hike-cycle/ |
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