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US Dollar 2024 Outlook
The consensus sees 2024 as a year when the Dollar will gradually ease as a slowing economy and falling inflation allow the Federal Reserve to reverse some of the recent interest rate hikes it delivered. Yet, there is high uncertainty about the timing of these rate hikes as the U.S. economy has shown an ability to outperform expectations, allowing for a divergent set of views amongst the good and great at the world's major investment banks. Dollar weakness is a conviction call for 2024 at Amundi, Europe's largest asset manager, whose rationale reflects the broader consensus. In a year-ahead outlook note, Amundi says ... (full story)
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- Posted: Dec 21, 2023 12:54pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 10,292
