Institution: The Federal Reserve is expected to suspend interest rate cuts until the first half of 2025
Nick Rees, Senior FX Market Analyst at Monex Europe, said that the latest interest rate decision by the Federal Reserve marks the beginning of an extension of the interest rate cut pause by the FOMC, although it is still too early to say this explicitly. We now expect the Fed to remain unchanged at least until the first half of 2025. If this is correct, it should support the rise of the US dollar in the coming months.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BGB holders' Christmas and New Year carnival: Buy 1 BGB and win up to 2026 BGB!
Bitget Trading Club Championship (Phase 20)—Up to 2400 BGB per user, plus a RHEA pool and Mystery Boxes
Subscribe to ETH Earn products for dual rewards exclusive for VIPs— enjoy up to 8% APR and share 30,000 USDT!
Bitget Spot Margin Announcement on Suspension of ICNT/USDT, PROMPT/USDT, CAMP/USDT, FARTCOIN/USDT, PEAQ/USDT Margin Trading Services
Trending news
MoreCrypto prices
More
