Takashi Kudo
Takashi Kudo
additional continue economy economy-and-economics hikes interest minutes needs rate support
But as the FOMC minutes also indicated that that the US economy still needs additional rate hikes ahead, interest rate differentials will continue to support the greenback.
bank continue current easing further gap hikes interest japan monetary narrow poised rates support wide
But, as US interest rates are now poised to see further hikes going forward, an end of the current quantitative monetary easing by the Bank of Japan will not narrow wide interest rate differentials between the two countries. And this interest rate gap should continue to support the dollar.
betting contains continued dollar expected firm hikes interest major market negative outcome rate tone underlying unless
Unless the outcome contains a major negative surprise, the underlying firm tone of the dollar is expected to be sustained, as the market is now betting on continued interest rate hikes in the US.