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Natixis Bank: If the Federal Reserve keeps interest rates unchanged this year, the US dollar may remain within a range of fluctuations
ME News Report, April 7 (UTC+8), Societe Generale analyst Kit Juckes stated in a report that if the Federal Reserve maintains interest rates unchanged for the rest of this year as expected, the dollar may fluctuate within a range. He pointed out that markets expect all G10 central banks except the Federal Reserve to raise interest rates. Although among G10 economies, only Sweden’s forecasted growth rate exceeds that of the United States this year. These interest rate expectations limit the dollar’s appreciation potential. Conversely, if the Federal Reserve significantly cuts interest rates amid high inflation and loose fiscal policy, the dollar is likely to decline. (Source: Jin10)