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hawk |
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The market was expecting something more hawkish, but the statement led the market to believe the Fed might be in position to lower interest rates late in the year, pressuring the dollar. The Democratic Party's foreign policy factions come in every shape and size: committed institutionalists, hawkish idealists, anti-war activists, sensible realists. That piece of paper is a valuable commodity with price fluctuations watched by the hawkish eyes of traders around the world. |
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