{
  "id": 17002418,
  "title": "Dollar steady after Fed hold leaves rate path murky",
  "url": "https://urgent.news/2026/10/29/dollar-steady-after-fed-hold-leaves-rate-path-murky-17002418",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-29T02:05:49.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/10/29/dollar-steady-after-fed-hold-leaves-rate-path-murky"
  },
  "original_language": "en",
  "account": "The US dollar remained relatively stable on Thursday after the Federal Reserve maintained interest rates as anticipated, although it left the path of future rates uncertain by waiting until after the midterm elections to make any changes. Fed Chair Kevin Warsh, in his press conference, offered no clear indication of a possible December rate hike, which traders interpreted as a dovish signal. As a result, investors became less confident in the likelihood of rate hikes in 2027, and the dollar's strength against the yen was down slightly at ¥158.045. The euro also weakened against the US dollar, falling 0.15% to US$1.1134. Market strategists suggested that the market and the Fed would use this time to assess upcoming jobs and inflation data, with the impact on yields likely to remain range-bound unless there is clearer guidance on more aggressive policy tightening or cuts. Looking ahead, analysts anticipate that the dollar will continue to fluctuate around recent highs as central bank meetings in Europe and Japan draw near.",
  "summary": "The greenback had held near two-week highs ahead of the announcement but turned lower after Fed chair Kevin Warsh offered no clear steer on a December move.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Euro holds gains against Canadian Dollar ahead of BoC rate decision",
        "url": "https://urgent.news/2026/10/28/euro-holds-gains-against-canadian-dollar-ahead-of-boc-rate-decision",
        "published": "2026-10-28T08:34:56.000Z"
      },
      {
        "outlet": "PBS NewsHour",
        "title": "News Wrap: Fed holds interest rates unchanged as inflation remains elevated",
        "url": "https://urgent.news/2026/10/28/news-wrap-fed-holds-interest-rates-unchanged-as-inflation-remains",
        "published": "2026-10-28T22:40:26.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Dollar falls after Fed holds rates steady",
        "url": "https://urgent.news/2026/10/29/dollar-falls-after-fed-holds-rates-steady",
        "published": "2026-10-29T00:16:14.000Z"
      },
      {
        "outlet": "The Economic Times - Top News",
        "title": "Fed holds rates, says data will guide next move",
        "url": "https://urgent.news/2026/10/29/fed-holds-rates-says-data-will-guide-next-move",
        "published": "2026-10-29T00:18:16.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Dollar steady after Fed hold leaves rate path murky",
        "url": "https://urgent.news/2026/10/29/dollar-steady-after-fed-hold-leaves-rate-path-murky",
        "published": "2026-10-29T02:44:30.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}