According to Odaily, financial services company BBH analysts have indicated in a report that the US dollar continues to move sideways due to a lack of relevant data. They added that despite the cautious attitude of Federal Reserve officials towards relaxing monetary policy prematurely, the possibility of a rate cut this summer remains high.
However, BBH stated that the financial conditions in the United States are easing. This is in stark contrast to the statements of the Federal Reserve, which suggest that the policy is restrictive. This helps explain why the US economy remains so resilient. The analysts' observations and predictions provide valuable insights into the current state and potential future of the US economy, particularly in relation to monetary policy and interest rates.
