The Fed predicted fewer rate cuts in the coming year. Fed policymakers have assumed a less dovish stance due to the resilient US economy. The Bank of Japan gave little clues on future moves. The USD/JPY outlook took a sharp bullish turn on Wednesday as the Fed forecasted fewer cuts in 2025, and the BoJ...
The greenback jumped after the Fed forecasted fewer rate cuts in 2025. Forecasts revealed that the Fed might only lower rates by 50 bps. Inflation jumped from 2.3% to 2.6% in the three months to October. The GBP/USD forecast shows renewed support for the USD despite FOMC’s rate cut. The Fed left a hawkish statement...
Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts