Jerome Powell stated that it would be premature to discuss pausing amid high inflation. The Fed raised interest rates by 75bps for the fourth consecutive time. According to Powell, the Fed’s funds rate might end up higher than anticipated. Today’s USD/CHF forecast is bullish. The dollar gained momentum on Wednesday after Federal Reserve Chair Jerome … Continued
The post USD/CHF Forecast: Fed to Continue Hawkishness Amid Rising Inflation appeared first on Forex Crunch.
Read Full Story
Latest posts by Forex Crunch (see all)
- USD/JPY Price Analysis: BoJ’s Inaction Weakens Yen - April 26, 2024
- GBP/USD Outlook: Dollar Slides on Disappointing GDP Figures - April 26, 2024
- USD/JPY Outlook: Yen Loses Ground Ahead of BoJ Statement - April 25, 2024