Dollar falls as Federal Reserve in no hurry to remove stimulus

The dollar fell and US stocks climbed on Thursday night after the Federal Reserve indicated the central bank won't be in a hurry to remove stimulus. While Fed officials noted that domestic economic conditions had continued to improve, the committee decided it was prudent to wait for additional information confirming the outlook had not deteriorated.

Separately, the Bank of England voted again to keep interest rates at a record low.

– (Bloomberg/Reuters)