The market expects the Fed to cut interest rates by a further 36 basis points by December 2025
Odaily Report: In an environment of insufficient liquidity, the US dollar remained stable. Many traders are still on vacation during the holidays, and there are no important data releases on the US economic calendar on Friday. Since November 5, when Trump won the presidential election, the US dollar index has risen more than 4%. Trump's proposed policies, including trade tariffs and tax cuts, are expected to drive up inflation and limit the Fed's room for rate cuts. Data shows that the market expects the Fed to cut rates by a further 36 basis points by December 2025. (Jinshi)
