Economists at the Bank of America analyze how the Jackson Hole conference could influence the direction of the US Dollar.
Possibility of rate cuts could drag USD down
If there is any hint or suggestion that the neutral policy rate could be higher than what is currently expected, this could serve as a catalyst for another round of Dollar appreciation. In essence, it would indicate that the Fed might be willing to let rates go higher before declaring its monetary tightening cycle complete.
On the other hand, if there is significant discussion or emphasis on the potential for eventual rate cuts by the Fed, this could cause the Dollar to decline and move back into the lower half of its trading range for the year
免責事項：本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。
