Dollar edges higher as Fed outlook lifts U.S. yields

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Dollar edges higher as Fed outlook lifts U.S. yields

By Eimi Yamamitsu TOKYO - The dollar firmed against major currencies on Thursday following the U.S. Federal Reserve's upbeat assessment of the economic recovery and as its increased tolerance for higher inflation pushed Treasury yields higher. At its policy meeting, the Fed pledged to keep rates near zero until at least the end of 2023 when the labour market reaches "maximum employment