Market News
Dollar inches higher as Fed's signals no rush to cut rates - REUTERS
By Samuel Indyk and Ankur Banerjee
Summary
- Dollar up as Fed says in no rush to cut
- Sterling slips after hitting four-month high ahead of BoE meeting
- SNB cuts, Riksbank on hold
- Aussie down after soft labour data, kiwi down 0.5>#/li###
LONDON, March 20 (Reuters) - The dollar inched up on Thursday after the Federal Reserve indicated it was in no rush to cut rates further this year due to uncertainties around U.S. tariffs, while the pound slipped ahead of the Bank of England's policy decision.
The Swiss franc weakened slightly after the Swiss National Bank lowered its policy rate to 0.25%, while the Swedish crown was steady after its central bank held rates steady.
