The Future of the US Dollar: Trends, Drivers, and Global Impact - Money and Investing with Andrew Baxter
Right now, the buzz is all about lower interest rates in the US. The Federal Reserve’s data, particularly the Consumer Price Index (CPI) and consumer spending figures, are pointing towards easing inflation. The smart money is betting on a rate cut as early as September, right before the election.
Lower interest rates generally mean a weaker dollar. It’s Economics 101: when a country’s interest rates drop, the return on holding that currency becomes less attractive. Investors tend to sell off, seeking better returns elsewhere. So, expect the US dollar to soften if those rate cuts come through.
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