


TechFlame news, on September 11, the US dollar remained stable on Thursday, and traders are waiting for key US CPI data to determine the path of the Federal Reserve's interest rate cut. Michalis Rousakis, Bank of America's G10 exchange rate strategist, said: “The main event is the US CPI. The market is looking for reasons to readjust the Fed's interest rate cut and push the dollar lower. He said, “The question is whether the Fed's interest rate cut expectations can be repriced, because current market expectations already reflect interest rate cuts in September or a little more, and almost already set expectations of cutting interest rates three times before the end of the year. ” Bank of America itself estimates
that it will cut interest rates twice more this year.