• 09/21/2024

Weak Equities Could Give Dollar an Extra Lift if Fed Points to Rate-Cut Delays

Wall Street Journal

Equity markets falling while the Fed pushes back on interest-rate cut prospects due to persistently high inflation during Wednesday’s announcement, could be a boon for the dollar, ING said.

https://www.wsj.com/articles/weak-equities-could-give-dollar-an-extra-lift-if-fed-points-to-rate-cut-delays-f169c3d2