Natixis Bank: If the Federal Reserve keeps interest rates unchanged this year, the US dollar may remain within a range of fluctuations

ME News message, on April 7 (UTC+8), French Societe Generale analyst Kit Juckes said in a report that if the Federal Reserve keeps interest rates unchanged for the remainder of this year as scheduled, the US dollar could trade within a range. He noted that the market expects all G10 central banks except the Federal Reserve to raise rates. Despite this, among G10 economies, only Sweden’s forecast growth rate is higher than that of the United States this year. These rate expectations limit the extent of the US dollar’s appreciation. Meanwhile, if the Federal Reserve makes a large rate cut against a backdrop of high inflation and loose fiscal policy, the US dollar is likely to fall. (Source: Jin10)