Odaily Planet Daily, reported that French investment bank analyst Kit Juckes said in a report that if the Federal Reserve holds interest rates unchanged for the remainder of this year as expected, the US dollar may trade in a range. He noted that the market expects all G10 group central banks except the Federal Reserve to raise interest rates. Despite this, among G10 group economies, only Sweden’s forecast growth rate this year is projected to exceed that of the United States. These interest rate expectations limit the upside of the dollar. And if the Federal Reserve were to cut rates significantly in a context of high inflation and an accommodative fiscal policy, the dollar is likely to fall. (Jin 10)
法興銀行：米連邦準備制度が今年据え置きとなれば、米ドルはレンジ内の値動きを維持する可能性がある
Odaily Planet Daily, reported that French investment bank analyst Kit Juckes said in a report that if the Federal Reserve holds interest rates unchanged for the remainder of this year as expected, the US dollar may trade in a range. He noted that the market expects all G10 group central banks except the Federal Reserve to raise interest rates. Despite this, among G10 group economies, only Sweden’s forecast growth rate this year is projected to exceed that of the United States. These interest rate expectations limit the upside of the dollar. And if the Federal Reserve were to cut rates significantly in a context of high inflation and an accommodative fiscal policy, the dollar is likely to fall. (Jin 10)