NatWest Markets: The Federal Reserve is about to cut interest rates, and the US dollar is expected to weaken

Odaily Planet Daily News: Analysts from NatWest Markets stated in a report that confidence in the prospect of the Federal Reserve cutting interest rates and expectations of a soft landing for the US economy are increasing, and the rise of the US dollar is facing growing resistance. They said that unless the US data is unexpected and the expectation of a Fed rate cut is postponed, this situation looks more sustainable. NatWest Markets expects the Federal Reserve to cut interest rates by 150 basis points this year, nearly 50 basis points higher than the money market pricing. The analyst of the institution said, "It is still a story about 'how much to cut interest rates' next month rather than' whether 'to cut interest rates