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BoA see scope for USD resilience to continue, & Fed's focus to shift from higher to longer
Bank of America analysts like the US dollar, saying they "see scope for the USD's resilience to continue."BoA make some useful points in the note, spanning the dollar and the Federal Reserve:Signs of growth divergence continue to favour the US. pulling up nominal and real rate differentials the mix of robust growth along with disinflation can suggest that central banks do not need to risk over-tightening, while at the same time, the economy could find equilibrium at a higher neutral interest rat...
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Posted: Aug 22 2023, 21:14
Author Name: forexlive
Views: 111744