On the inflation front, progress is slow. Antje Praefcke, FX Analyst at Commerzbank, believes that the debt ceiling issue is dampening the Dollar at the moment.
Caution about rapid rate cuts in the US
“On a MoM comparison the inflation for both rates remained stubbornly at 0.4%. That means that price pressure in the US is falling, but only very, very slowly. In the face of an inflation rate falling this slowly, and remaining well above the inflation target, the Fed would probably not consider cutting its key rate again in the autumn.”
“I think inflation will have to weaken considerably more before the Fed considers first rate cuts. The Dollar is unable to recover more at the moment due to the uncertainty surrounding the debt issue.”
风险提示：本文所述仅代表作者个人观点，不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证，对于基于该内容所采取的任何行为，不承担任何责任，除非另有书面明确说明。
暂无评论，立马抢沙发