(Reuters) - But the dollar struggled to gain ground against other major currencies as traders took the view that recent data showing an easing of inflation and signs of weakness in growth and housing market indicators will discourage the central bank from raising rates.
The Fed left key interest rates on hold at 5.25 percent on Thursday as expected, making it a year since rates have been stuck at that level.
Read more at Reuters.com Hot Stocks News
The Fed left key interest rates on hold at 5.25 percent on Thursday as expected, making it a year since rates have been stuck at that level.
Read more at Reuters.com Hot Stocks News
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