Dollar Little Changed as Economic Growth Is Less Than Forecast in the U.S.

(Bloomberg) -- The dollar was little changed versus
the yen and euro after a government report showed the U.S.
economy grew at a slower pace in the first quarter than
economists had forecast.

Federal Reserve policy makers conclude a two-day meeting
today and are forecast to keep U.S. borrowing costs unchanged at
5.25 percent. The Fed's interest-rate announcement and
accompanying statement on the outlook for inflation and growth
will be released at 2:15 p.m. Washington time.


Read more at Bloomberg Currencies News