The dollar strengthened as the Federal Reserve held interest rates steady but signaled a potential hike later this year, with policymakers raising inflation projections. New Fed Chairman Kevin Warsh's revised statement removed forward guidance, impacting market expectations. Meanwhile, other central banks like the BOE and BOJ are also navigating inflation concerns.
The Federal Reserve maintained interest rates, but the dollar strengthened as the central bank projected a potential hike later this year, alongside increased inflation forecasts. New Fed Chairman Kevin Warsh's revised statement, removing forward guidance, also influenced market…
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