The U.S. dollar climbed following a hawkish forecast delivered by the U.S. Federal Reserve on Wednesday — while gold prices dropped. Values of the two tend to have an inverse relationship.

Minutes for the FOMC’s meeting confirm that the hawkish shift in sentiment that accompanied the quarter point rate cut in December had much to do with the inclusion of expectations surrounding ...

(Bloomberg) -- Poland is likely to refrain from cutting interest rates for another month after the central bank governor turned unexpectedly hawkish and inflation has remained sticky. The Monetary ...