【Institution: The Federal Reserve is expected to pause interest rate cuts until the first half of 2025】Golden Finance reports that Nick Rees, senior foreign exchange market analyst at Monex Europe, stated that the Federal Reserve's latest interest rate decision marks the beginning of the FOMC's extended pause on rate cuts, although it is still too early to say this definitively. We currently expect the Federal Reserve to hold steady at least until the first half of 2025. If this is correct, then it should support the upward movement of the dollar in the coming months.