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Dollar wavers after Fed minutes offer few surprises

Business 16:04 05 Jan, 2023
Dollar wavers after Fed minutes offer few surprises

The dollar was roughly flat in choppy trading on Thursday after the release of the latest Federal Reserve minutes, Qazet.az reports.

Details of the discussion from the central bank's December policy meeting, released on Wednesday, showed policymakers remain focused on curbing inflation and do not envisage interest rate cuts in 2023.

Analysts said the minutes were broadly in line with expectations, explaining the relatively muted reaction in markets.