News list for " depreciation"

The Federal Reserve is likely to start cutting interest rates in September, but any dollar depreciation will be limited. The bank's FX strategists said the dollar's rebound in 2021-2022 provides ample room for a downward correction, but unless the U.S. economy slows much more than expected, it is "highly unlikely" that U.S. interest rates will approach the levels seen before the COVID-19 pandemic in 2020. They said the biggest swing should be the dollar against the yen, which could fall to 140 i...

2024-07-23 15:18:42