CoinVoice has recently learned that Nick Rees, a senior foreign exchange market analyst at Monex Europe, stated that the Federal Reserve's latest interest rate decision marks the FOMC's beginning of an extended pause on rate cuts, although it is still too early to say this definitively.
It is now expected that the Federal Reserve will hold steady at least until the first half of 2025. If this is correct, it should support the dollar's upward movement in the coming months. [Original link]