Dollar holds firm after Fed raises inflation alarm, yen slips past 160
By Jiaxing Li HONG KONG, April 30 (Reuters) – The dollar hovered near its highest in more than two weeks on Friday after some Federal Reserve policymakers turned hawkish, sending yields to a one-month top, while the Japanese yen’s break above 160 sharpened focus on intervention risks. Fed Chair Jerome Powell closed out his eight years with rates on hold amid rising inflation concerns. The Fed’s 8–4 decision to leave […]