Reuters: Dollar gains as Fed leaves rates unchanged

"The consistent tone, paired with a fresh set of projections ⁠showing lower growth, and higher inflation than in December, marks the clearest signal yet that Chair ​Jay Powell's Fed sees higher energy prices playing a temporary, but demand-destructive role in the U.S. economy," said Karl Schamotta, ​chief market strategist at Corpay Cross-Border Solutions in Toronto.

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