BofA: Scenario analysis for USD expected reaction to July FOMC on Wed ...Middle East

forex live - News
BofA: Scenario analysis for USD expected reaction to July FOMC on Wed
Synopsis: BofA anticipates the Federal Reserve will keep its policy rate unchanged in July, signaling progress in reducing inflation while maintaining a data-dependent approach for future rate cuts. The USD's reaction will hinge on Chair Powell's tone and any hints about a September rate cut.Key Points:Policy Rate and Inflation:Unchanged Policy Rate: BofA expects the Fed to keep its policy rate unchanged in July.Progress on Inflation: The Fed is likely to signal that progress in reducing inflation has resumed.Future Rate Cuts:Near-Term Cuts: The Fed is optimistic about the likelihood of near-term rate cuts but is not expected to signal a definite cut in September.Data Dependence: Future rate

Hence then, the article about bofa scenario analysis for usd expected reaction to july fomc on wed was published today ( ) and is available on forex live ( Middle East ) 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 ( BofA: Scenario analysis for USD expected reaction to July FOMC on Wed )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News