Stocks Rise, Dollar Slips As Fed Signals Softer Rate Hike Pace

Stocks Rise, Dollar Slips As Fed Signals Softer Rate Hike Pace

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Asian markets rallied Thursday and the dollar weakened further after minutes from the Federal Reserve's latest policy meeting suggested it could slow its pace of rate hikes. The news provided traders with a cushion against concerns about surging Covid cases in China that have fanned speculation…

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