Mumbai, July 31 -- USDJPY soars to a near 4 month high on Thursday as dollar surges on Fed decision to slow pace of rate cuts. The Federal Reserve (Fed) decided to hold its benchmark federal funds rate in a range of 4.25%-4.5% at its July meeting on Wednesday and said in a post-policy conference that the US central bank has "made no decisions" about a potential policy change in September, and it may take a bit to assess the effect of tariffs on consumer prices. The greenback also drew support from stronger-than-expected US economic data that expanded at an annual rate of 3.0% for the April through June period. This was followed the 0.5% contraction in the first quarter and came in stronger than the expectation of 2.4%. Investors now await...