Investors’ expectations of additional rate cuts are fading which helped the U.S. Dollar which traded mixed in Tokyo on Wednesday against major currencies. The expectations of additional rate cuts faded following comments by officials of the Federal Reserve about inflation pressures. Janet Yellen, President of the Federal Reserve Bank in San Francisco, California, said that the recent figure on inflation is “disappointing” and that the consumer inflation rate is too high, even if food and energy prices are excluded.

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