The dollar is plunging
The dollar plunged on Wednesday following the release of disappointing economic data, and stayed down after the Fed decision.
The US dollar index was down by 0.5% at 96.52 at 2:08 p.m. ET. Earlier, it was down by as much as 0.7% at 96.34, its lowest level since October 6, 2016.
Data from the Labor Department released earlier showed that consumer prices fell more than expected in May.
The consumer price index dipped 0.1%, missing expectations of a flat reading, and rose by 1.
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