logo

Bank of America: Rate Cut and High Inflation Will Weigh on Dollar

By: theblockbeats.news|2025/08/21 15:22:18

BlockBeats News, August 21st, Alex Cohen from Bank of America said in a report that as the Federal Reserve appears ready to resume rate cuts with inflation still running high, the US dollar may further weaken. He pointed out that worse-than-expected July nonfarm payroll data and concerns about the Fed's independence have driven market expectations for a faster and larger rate cut, despite inflation still showing sticky signs. "Implementing potential rate cuts as inflation rises has created fertile ground for dollar depreciation." Bank of America expects the euro to dollar (EUR/USD) to rise from the current 1.1620 to 1.20 by the end of the year and further rise to 1.25 by the end of 2026. (FXStreet)

Bitcoin y las altcoins en una encrucijada: ¿nuevos máximos o corrección entrante?
WEEX causa sensación en BlockchainRIO 2025

También te puede interesar

Compartir
copy

Ganadores

Últimas noticias sobre criptomonedas

17:49

Trump Says Fed Chair Should Cut Interest Rates, Reiterates Criticism of Powell

17:25

In the past 24 hours, the entire network liquidated $376 million, with the majority coming from the largest short position

17:23

The probability of a 25 basis point interest rate cut by the Federal Reserve in December is currently at 87.2%.

17:21

Trump: Will Announce New Fed Chair in Early Next Year

17:19

Coinbase International Site to Launch DASH Perpetual Contract Trading

Leer más
Comunitario
icon
icon
icon
icon
icon
icon
icon

Atención al cliente@weikecs

Cooperación empresarial@weikecs

Trading cuantitativo y MM[email protected]

Programa VIP[email protected]