Fed rate cuts on fight against inflation would do little harm to the greenback – Commerzbank Fed Inflation DollarIndex UnitedStates Banks
in order to fight inflation, the US dollar is unlikely to sustain a downmove, economists at Commerzbank report.“If theis considering more aggressive interest rate moves despite the growing risk of recession in the US, this has a signaling effect. It signals that the Fed is prioritizing the fight against inflation.
would be in the event of a European gas crisis: torn between fighting inflation and fighting recession. Exorbitant USD optimism would then be inappropriate.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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