Dollar falls against yen, US data leaves rate cut hopes intact
Răzvan Botea
NEW YORK :The dollar fell against the yen on Thursday, after the Bank of Japan's less dovish remarks and U.S. data suggested upward price pressures continue to ease, keeping the Federal Reserve on track to cut interest rates by 25 basis points next week. Data on Thursday showed U.S. consumer spending increased slightly more than expected in September, putting the economy on a higher growth trajectory heading into the final three months of the year. Inflation by the Fed's targeted measure, the
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