BlockBeats News, on December 19th, Nick Rees, Senior Forex Market Analyst at Monex Europe, said that the latest decision on the Interest Rate by the Federal Reserve marks the start of an extended pause in rate cuts by the FOMC, although it's still too early to say this with certainty. It is now expected that the Federal Reserve will keep rates unchanged at least until the first half of 2025. If this is correct, it should support the upside of the US dollar in the coming months.
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BlockBeats News, on December 19th, Nick Rees, Senior Forex Market Analyst at Monex Europe, said that the latest decision on the Interest Rate by the Federal Reserve marks the start of an extended pause in rate cuts by the FOMC, although it's still too early to say this with certainty. It is now expected that the Federal Reserve will keep rates unchanged at least until the first half of 2025. If this is correct, it should support the upside of the US dollar in the coming months.