CurrenciesDollar gains on hawkish Fed, even as inflation cools editor22 years ago2 years ago01 mins The U.S. currency rebounded after Fed officials on Wednesday unexpectedly forecast only one interest rate cut this year and pushed out the start of rate cuts to perhaps as late as December. Post navigation Previous: Oil dips in see-saw session; eyes on US economic data and FedNext: Bank of Canada reviewing extraordinary actions taken during pandemic Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment.