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Dollar dips as Fed cites disappointing inflation, but keeps focus on cuts

NEW YORK: The dollar fell on Wednesday (May 1) after the US Federal Reserve signalled it is still leaning toward eventual reductions in borrowing costs, but repeated that it wants to gain "greater confidence" that inflation will continue to fall before cutting rates. "In recent months, there has been a lac
North Carolina United States New York Jerome Powell John Velis Jeffrey Roach

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