Economist Shivaan Tandon: The Federal Reserve's interest rate cuts may exceed those of other countries

AiCoin
AiCoin|Aug 21, 2024 15:25
Odaily Planet Daily News: Kaitou Macro stated that the US dollar may further decline in the coming years as its valuation remains relatively high and faces the impact of unfavorable spreads and reduced demand for safe haven. Economist Shivaan Tandon stated in a report that the Federal Reserve's interest rate cuts may exceed those of other countries, which means that interest rate differentials may continue to be unfavorable for the United States. We also expect risk appetite to remain strong, indicating that the US dollar will continue to be under pressure. Despite concerns of an economic recession, the US economy seems to be on track for a soft landing. Kaitou Macro predicts that by the end of 2025, the US dollar index DXY will fall to 98. (Golden Ten)
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