According to BlockBeats news on December 19, Monex Europe senior foreign exchange market analyst Nick Rees stated that the Federal Reserve's latest interest rate decision marks the beginning of the FOMC's extended pause on interest rate cuts, although it is still too early to say this definitively.
Currently, it is expected that the Federal Reserve will remain inactive at least until the first half of 2025. If this is correct, it should support the upward movement of the dollar in the coming months. (Jin Shi)