Asian Market Update: NZD Falls To 4-Year Lows As RBNZ Replaces Tightening Bias With ...

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US stocks fell sharply for the 2nd consecutive session despite the seemingly innocuous FOMC policy statement. As widely expected, the Fed maintained the "patient to normalize" policy stance despite the improving labor markets and prospects for growth, but also expressed some further caution about inflation, referencing the troubling message sent



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