Fed’s Waller said the recent inflation readings support a delay in rate cuts. The likelihood of a Fed rate cut in June has fallen to 60%. BoE’s Jonathan Haskel warned against expecting early rate cuts. The GBP/USD outlook is bearish as the dollar gains strength amidst fading expectations of a Fed rate cut. Moreover, market…
The post GBP/USD Outlook: Fed Rate-Cut Expectations Decline appeared first on Forex Crunch.
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