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US dollar jumps after Fed pulls forward forecasts for rate hikes

June 16, 2021 at 07:17PM

Dot plot shift offers a lift to the dollar
Higher inflation forecasts and more confidence in the reopening led to most FOMC members moving up the timeline for rate hikes.
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Author: https://www.forexlive.com/news/!/us-dollar-jumps-after-fed-pulls-forward-forecasts-for-rate-hikes-20210616 Selected by SYFX+