According to Jinshi Data, Wall Street expects the Federal Reserve to take a tougher stance after this week's interest rate meeting, which may support the US dollar. The market has digested the news of a 25 basis point rate cut this week, but analysts expect the Fed to signal a pause in rate cuts.
BBH analysts Win Thin and Elias Haddad pointed out that slow growth in developed markets has become a priority for policymakers, and most developed central banks are still in easing mode. This global background may lead to further appreciation of the US dollar.
