Data supports Fed interest rate cuts, US dollar weakens
2025-06-12 14:16
Odaily Planet Daily News: The possibility of the Federal Reserve cutting interest rates is increasing, which limits the US dollar. With Trump readjusting America's geopolitical leadership and pushing for his aggressive tariff agenda, the US dollar is already under pressure. Most importantly, the data shows a slowdown in inflation and the job market, increasing the likelihood of the Federal Reserve cutting interest rates in early autumn or even earlier. (Golden Ten)