Gloomy outlook issued for US dollar ...News

Russia Today - News
Gloomy outlook issued for US dollar
The greenback may fall by another 15% against rival currencies by mid-2024, an investment services company says The US dollar could weaken by as much as 15% against major world currencies over the next 18 months, as inflation continues to cool, allowing the Federal Reserve to loosen its monetary policy, according to Eurizon SLJ Capital. A research note released on Tuesday by the firm’s chief executive, Stephen Jen, said the US Federal Reserve is likely close to – or already beyond – peak hawkishness, meaning that rate cuts are on the horizon. The Fed’s nine previous hikes, in addition to the tighter credit conditi

Hence then, the article about gloomy outlook issued for us dollar was published today ( ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Gloomy outlook issued for US dollar )

Apple Storegoogle play

Last updated :

Also on site :