German business: The threshold for another rate cut in January next year has been raised
German Commercial Bank: The Threshold for Another Rate Cut in January Next Year Has Increased
BlockBeats news, on December 17, the US Dollar Index recovered the losses it suffered after the release of yesterday's non-farm payroll data. Antje Praefcke, an analyst at Commerzbank, stated in a report that although the dollar initially fell after the data was released, the market "did not really follow the trend that the Federal Reserve might cut rates again as early as January next year." The threshold for another rate cut appears to have increased, which is why the dollar regained some ground. (Golden Ten Data)
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