Mitsubishi UFJ: If the Fed emphasizes inflation risks, the dollar could rise.
TechFlame
2026-04-29 10:55
TechFlame2026-04-29 10:55
English
TechFlame News: According to Jinshi, Mitsubishi UFJ Financial Group bank analyst Derek Halpenny stated in a report that if the Federal Reserve acknowledges that the Iran conflict is driving up energy prices, potentially leading to higher inflation, the US dollar could strengthen. He noted that this rate decision may be the last meeting of Powell's tenure as Fed Chair and could emphasize that risks to price stability are mounting. This could cause a jump in the front end of the US yield curve and reinforce early signs of improving demand for the US dollar.