Fed policymakers raise rates by 0.25 percentage point; dollar index steady at 102.23
Federal Reserve policymakers voted unanimously to increase interest rates by a quarter of a percentage point, according to reports. The dollar index remained steady at 102.23.
The US dollar reached a level near its strongest point since 9 April 2025. Westpac analysts stated that most participants still consider further tightening appropriate.
Futures pricing indicates a 19% probability of a 0.25 basis-point hike for the Fed funds rate. Currency movements showed the US dollar falling 0.2% against the Japanese yen at 157.815 yen.
Meanwhile, the Australian dollar traded flat at $0.6960. Against the Chinese yuan, the US dollar remained flat at 6.7015 yuan.
The Euro held steady at $1.1201. Bitcoin slipped 0.2% to reach $83,233.40.





































































