Dollar’s Strength to Endure Despite Rate Cut Expectations
The U.S. dollar will continue to rise, according to Wells Fargo Investment Institute analysts, even if the Federal Reserve is expected to lower interest rates significantly in 2024 and 2025.
The U.S. dollar will continue to rise, according to Wells Fargo Investment Institute analysts, even if the Federal Reserve is expected to lower interest rates significantly in 2024 and 2025.
Gold prices have rebounded from daily lows of $2,356, now standing at $2,385. The Federal Reserve’s preferred inflation measure shows mixed results, inching closer to the 2% target. US Treasury