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Dollar edges down before Fed decision, sterling falls on cooling UK inflation

Dollar edges down before Fed decision, sterling falls on cooling UK inflation
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interest rate: Dollar retreats ahead of Fed decision; cooling inflation weighs on sterling

"The market, I think, has been surprised by the strength of the U.S. economy," said Stuart Cole, chief macroeconomist at Equiti Capital in London, said.

Goldman: Bank will likely hold rates after UK inflation surprise

Goldman Sachs now expects the Bank of England to leave rates on hold tomorrow after this morning's surprise inflation reading.

FOREX-Dollar edges down before Fed decision, sterling falls on cooling UK inflation

FOREX-Dollar edges down before Fed decision, sterling falls on cooling UK inflation
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