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Dollar bulls were back in action on Wednesday evening after minutes from September’s Federal monetary policy meeting reinforced expectations of higher US interest rates. Policymakers at the Federal Reserve voted unanimously to raising interest rates last month and generally agreed to move ahead with further increases. Fed officials expressed optimism over the strength of the US economy, and felt further rate hikes “would most likely be consistent” with rising inflation and historically low unemployment. However, some members warned that instability in emerging markets and ongoing trade... Read More
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