ING: The Fed's decision is generally bearish for the US dollar
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最新报道：According to Bijie.com, on September 18 (UTC+8), Francesco Pesole of ING Bank stated in a report that the Federal Reserve's interest rate decision on Wednesday was generally bearish for the US dollar. The Fed cut interest rates by 25 basis points as expected, but Fed Chairman Powell did not allay market concerns about inflation, describing the rate cut as "a risk-management-based cut." Pesole noted that despite Powell's cautious tone, the Fed has signaled that multiple rate cuts will be forthcoming, with the current policy focus on the weakening labor market. We forecast two more 25 basis point rate cuts this year; we believe that the decline in US dollar funding costs will further depreciate the dollar during the already seasonally weak year-end period.
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