Minutes from the US central bank's July gathering said policymakers were keeping their "options open" but remained divided on the threat of inflation.
A hike in US borrowing costs would tend to lift the dollar by stirring demand for dollar-denominated assets, so Wednesday's minutes weighed on the unit.
The news comes after William Dudley, the influential head of the Federal Reserve's New York branch, unexpectedly hinted this week that a rate hike was possible as early as September.Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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