“Federal Reserve Hawkish Strike! Interest rate cuts paused until 2025, where is the market heading?”
Monex Europe Senior Foreign Exchange Market Analyst states that the Federal Reserve's latest interest rate decision may signal that the FOMC will extend the pause on interest rate cuts, although it is still premature to draw conclusions. The Federal Reserve may keep interest rates unchanged at least until the first half of 2025. If this prediction holds true, the US dollar may be supported in the coming months, showing an upward trend.
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