Singapore, 30 July 2026 – The US dollar steadied against major and Asian currencies on Thursday as investors assessed the Federal Reserve’s decision to leave interest rates unchanged and recalibrated expectations for the next phase of US monetary policy.
The Federal Open Market Committee maintained its benchmark rate at between 3.50% and 3.75%, extending a period of policy restraint as officials balance persistent inflation risks against signs that tighter financial conditions are weighing on economic activity.
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