TechFlow, May 6 — According to Jinshi Data, analysts at Monex Europe said in a report that if the Federal Reserve dampens market expectations for rate cuts during its meeting on Wednesday, the dollar could rise. They noted that while markets anticipate a possible rate cut in June, recent U.S. data suggest the Fed is unlikely to ease policy before the fourth quarter.
Inflation remains high as tariffs further increase price pressures. The labor market remains solid, contrary to expectations of economic slowdown. This leaves the Fed with little room to maneuver other than pushing back against market expectations for easing and emphasizing the resilience of underlying economic conditions.
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