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HSBC said the dollar could rise if the Federal Reserve cuts interest rates by 25 basis points on Wednesday and signals further gradual easing. Whether the Fed will cut rates by 25 basis points or 50 basis points is difficult to say, HSBC FX analyst Paul Mackel said in a note. "HSBC Economics expects the Fed to start with a 25 basis point rate cut, while hinting at further easing in the future, but not by much." Mr. Mackel said the situation would move the dollar "towards a better base...

2024-09-16 13:12:54