Dollar Down as Fed Minutes Hint at Tapering Discussion By Investing.com – Investing.com

  • Date: 20-May-2021
  • Source: Investing.com
  • Sector:Economy
  • Country:Middle East
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Dollar Down as Fed Minutes Hint at Tapering Discussion By Investing.com – Investing.com

By Gina Lee

Investing.com – The dollar was down on Thursday morning in Asia as the U.S. Federal Reserve meeting minutes revealed that policymakers suggested a slowdown of bond purchase due to a sign of accelerating inflation.

The that tracks the greenback against a basket of other currencies inched down 0.08% to 90.123 by 11:53 PM ET (3:53 AM GMT).