According to Jinshi, Societe Generale strategists said that the continued strong performance of the US economy has increased the risk that the Fed's next move may be to raise interest rates rather than cut them. Kit Juckes, chief foreign exchange strategist at Societe Generale, said: "If the US economy re-accelerates, the Fed will eventually have to tighten policy again, and the dollar will rise to challenge the peak in 2022." He was referring to the record high of the US dollar index when the Fed began its rate hike cycle. Juckes believes that if the data performance maintains the current trend, the Fed has no reason to rush, and perhaps no reason to cut interest rates at all. Compared with inflation, Juckes is more worried about signs of re-acceleration of the US economy.

#美联储