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.
On Thursday, U.S. stocks experienced a decline despite increased optimism about a potential rate cut in September and a positive outlook from tech giant Meta Platforms. Economic data raised concerns