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club Felene

GBP/USD Forecast: Dollar Surges Amid Hawkish FOMC

by Forex Crunch
December 19, 2024
in Forex Analysis
Reading Time: 1 min read

The greenback jumped after the Fed forecasted fewer rate cuts in 2025. Forecasts revealed that the Fed might only lower rates by 50 bps. Inflation jumped from 2.3% to 2.6% in the three months to October. The GBP/USD forecast shows renewed support for the USD despite FOMC’s rate cut. The Fed left a hawkish statement…
The post GBP/USD Forecast: Dollar Surges Amid Hawkish FOMC appeared first on Forex Crunch.
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