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JPMorgan Predicts New Path for the US Dollar, Citing Strength and Resilience /
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2024-07-15 17:00:09

JPMorgan Predicts New Path for the US Dollar, Citing Strength and Resilience on Nostr: US Dollar weakens as disinflation fears grow =============== #4a419ef3 ver:0.34 The ...

US Dollar weakens as disinflation fears grow
===============
#4a419ef3 ver:0.34

The US dollar weakens as disinflation fears grow, reaching lows not seen since April. Signs of disinflation in the US economy have increased market confidence in a rate cut by the Federal Reserve in September. Low inflation numbers and anticipation of Jerome Powell's speech further amplify the likelihood of a rate cut. The CME FedWatch Tool shows a high probability of a 25 basis point rate cut. The value of the US dollar is influenced by the decisions of the Federal Reserve. #USD #disinflation #ratecut #FederalReserve...

#newstr #UsDollar #Disinflation #RateCut #FederalReserve #Inflation #JeromePowell

https://here.news/story/4a419ef3?ver=0.34
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