Corpay

Reuters: Dollar rebounds as Fed holds rates steady

Category:Cross-Border
Updated:2026-01-28
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"The Fed did nothing and did it with conviction," Karl Schamotta, chief market strategist with payments company Corpay Cross-Border Solutions in Toronto, said "In voting along 10-2 lines and subtly upgrading its assessment of labor market conditions, the central bank clearly telegraphed a desire to stay on the sidelines for now," he said.

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