HSBC: The dollar is unlikely to see significant gains unless the Federal Reserve raises interest rates.
TechFlame
2026-07-27 14:25
TechFlame2026-07-27 14:25
English
TechFlame News, according to Jinshi, HSBC economist Paul Mackel stated in a report that unless the Federal Reserve surprisingly raises interest rates, its decision this week is unlikely to provide new upside catalysts for the U.S. dollar. Federal Reserve Chair Waller acknowledged that inflation remains above target and expressed a commitment to price stability. He noted that if this week’s meeting merely aligns with these views, the dollar is unlikely to see a significant rally, as the market has already priced in a rate hike later this year.