Bank of America: Dollar decline could benefit assets such as BTC and gold
2025-06-02 09:41:38
Bank of America said trade policy uncertainty and high debt levels could continue to weigh on the dollar, with high-frequency data suggesting a possible economic slowdown that could lead to a further decline in the dollar this summer, a trend that could benefit dollar-denominated assets such as gold and bitcoin as inflation expectations rise and the Federal Reserve is unable to take significant action.
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