Jin10 data reported on June 16, the US dollar is stable as investors adopt a cautious attitude ahead of the Federal Reserve (FED) policy meeting later this week. Jefferies economist Mohit Kumar stated in a report that Federal Reserve (FED) Chairman Powell may emphasize the increasing uncertainty in the economic growth and inflation outlook. The tone may indicate that there is no urgency to cut interest rates, but the Federal Reserve (FED) will be ready to respond if economic conditions warrant it.
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Investors are cautious ahead of the Federal Reserve meeting, and the dollar index remains stable while awaiting policy signals.
Jin10 data reported on June 16, the US dollar is stable as investors adopt a cautious attitude ahead of the Federal Reserve (FED) policy meeting later this week. Jefferies economist Mohit Kumar stated in a report that Federal Reserve (FED) Chairman Powell may emphasize the increasing uncertainty in the economic growth and inflation outlook. The tone may indicate that there is no urgency to cut interest rates, but the Federal Reserve (FED) will be ready to respond if economic conditions warrant it.