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Dollar Rises To Over 2-year High After Powell Hints At Aggressive Rate Hikes

Posted by: Top News Editor in Forex News April 22, 2022

The U.S. dollar firmed against its major peers on Friday as treasury yields rose after Federal Reserve Chair Jerome Powell said he saw merit in “front-end loading” policy moves and indicated a 50 basis point rate hike would be on the table at the central bank’s next meeting in early May.
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