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TechFlow news, June 16 — According to Jinshi Data, the dollar held steady as investors remained cautious ahead of the Federal Reserve's policy meeting later this week. Jeffries economist Mohit Kumar said in a report that Fed Chair Powell is likely to emphasize rising uncertainty over the economic growth and inflation outlook. The tone may be that the Fed is not急于 cutting rates, but stands ready to respond if economic conditions warrant.
According to Jinshi Data, the dollar remains stable as investors adopt a cautious stance ahead of the Fed's policy meeting later this week. Jefferies economist Mohit Kumar said in a report that Fed Chair Powell may emphasize heightened uncertainty regarding economic growth and inflation outlook. The tone is likely to be that the Fed is not急于 cutting rates, but stands ready to respond if economic conditions warrant.
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