Dollar Climbs as Fed Revives Rate-Rise Speculation

Updated on
  • Futures showing 41% odds for December increase in benchmark
  • Lockhart says volatility won't preclude central-bank move

Why Is the Dollar Rallying in Wake of Fed Decision?

The dollar reached its strongest level in almost two weeks against the euro after Federal Reserve officials said the U.S. economy is strong enough to withstand an interest-rate increase this year.

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