The U.S. Federal Reserve is widely expected to deliver a rate cut on Wednesday, but HSBC warns the dollar could actually see a short-lived bounce on the decision. The bank argues there is now a high bar for the Fed to out-dove market expectations, with traders already pricing in roughly 140 basis points of easing through end-2026.
Unless policymakers signal a much faster pace of cuts, HSBC sees scope for the greenback to squeeze higher in the immediate aftermath of the announcement. However, any such gains are likely to prove temporary. The note highlights that prospects of accelerated easing remain firmly on the table, particularly if U.S. labour data continues to soften.
---
Federal Open Market Committee (FOMC) meet September 16 and 17.
This article was written by Eamonn Sheridan at investinglive.com.Hence then, the article about fomc preview dollar may briefly rise after fed cut but jobs weakness keeps downside risk 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 ( FOMC preview: Dollar may briefly rise after Fed cut, but jobs weakness keeps downside risk )
Also on site :
- 12-year old Russian beats world chess champion
- Body recovered from Lake Natoma amid search for missing man
- Passengers stuck on Delta flight for more than two hours after landing at Rochester airport