US Dollar weakens as disinflation fears grow
===============
#4a419ef3 ver:0.34
The US dollar weakens as disinflation fears grow, reaching lows not seen since April. Signs of disinflation in the US economy have increased market confidence in a rate cut by the Federal Reserve in September. Low inflation numbers and anticipation of Jerome Powell's speech further amplify the likelihood of a rate cut. The CME FedWatch Tool shows a high probability of a 25 basis point rate cut. The value of the US dollar is influenced by the decisions of the Federal Reserve. #USD #disinflation #ratecut #FederalReserve...
#newstr #UsDollar #Disinflation #RateCut #FederalReserve #Inflation #JeromePowell
https://here.news/story/4a419ef3?ver=0.34
JPMorgan Predicts New Path for the US Dollar, Citing Strength and Resilience /
npub1h6…mcerv
2024-07-15 17:00:09
Author Public Key
npub1h663ccd0gc5krjgx37fxemfgrkpckkxrt8mr2ayvdk03dug07mysdmcervPublished at
2024-07-15 17:00:09Event JSON
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"content": "US Dollar weakens as disinflation fears grow\n===============\t\n#4a419ef3 ver:0.34\n\nThe US dollar weakens as disinflation fears grow, reaching lows not seen since April. Signs of disinflation in the US economy have increased market confidence in a rate cut by the Federal Reserve in September. Low inflation numbers and anticipation of Jerome Powell's speech further amplify the likelihood of a rate cut. The CME FedWatch Tool shows a high probability of a 25 basis point rate cut. The value of the US dollar is influenced by the decisions of the Federal Reserve. #USD #disinflation #ratecut #FederalReserve...\n\n#newstr #UsDollar #Disinflation #RateCut #FederalReserve #Inflation #JeromePowell \n\n https://here.news/story/4a419ef3?ver=0.34",
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