Dollar Falls Below R$5 as Fed Holds Rates

The U.S. dollar dipped over 1% to under R$5 on Wednesday, reacting to the Federal Reserve’s decision to keep its base rate steady and project a 0.75 percentage point cut by year-end. Despite expectations of inflation exceeding forecasts, the Fed’s stance remained unchanged from its December outlook. Ten of 19 officials anticipate at least a […]

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