U.S. Dollar ETF (USDU) Hits a New 52-Week High
Historically, how did interest rate cuts end when the economy achieved a soft landing?
Goldman Sachs found that G10 central banks tend to end the easing cycle slowly and cautiously by pausing rate cuts, with nearly half of historical "soft landing" rate-cut cycles lasting more than a year. The institution believes that the Fed's statement in December aligns with the pattern of slowing down seen in the later stages of rate-cut cycles in history.
Asia FX Edges Lower as Dollar Remains Near 2-yr High, Indian Rupee Hits Record Low
Dollar Stays Resilient, Asia Shares Get Festive Lift
El Erian Explains Why US Economy Is 'Likely To Continue Outperforming Other Major Economies In 2025'
Year-end review of MMF policy: It's the right time to cut interest rates as Trump suddenly strikes; Global central banks face a fork in the road again.
If 2023 marks a decisive turning point for major Global central banks to shift towards easing MMF policy, then 2024 will face the impact of high uncertainty and the long reality of the anti-inflation 'final mile'.