Institution: The Federal Reserve is expected to suspend interest rate cuts until the first half of 2025
Odaily Odaily reports that Monex Europe's senior foreign exchange market analyst, Nick Rees, stated that the Federal Reserve's latest interest rate decision marks the beginning of the FOMC's pause in rate cuts, although it is still too early to say this definitively. We now expect the Federal Reserve to remain on hold, at least until the first half of 2025. If this is correct, it should support the upward movement of the US dollar in the coming months. (<金十>)
