Dollar Little Changed After Fed Holds Rates as Expected
The dollar was unmoved after the Fed held rates steady. Two FOMC members dissented in favor of a hike; the decision was widely expected.
The dollar is unmoved by the Fed's decision to hold rates steady, which was widely expected. Two FOMC members dissent to vote for a hike. "We think the smaller-than-expected number of dissents and cautionary language inserted at the end of the statement should be read dovishly on the margins," Corp…