TechFlame news. On September 17, according to the Golden Ten Data Report, the US dollar index DXY rose slightly on Wednesday, but it still hovered near a two-and-a-half-month low. Investors generally expect the Federal Reserve

to cut interest rates soon, and the market is waiting hard.

According to data from the London Stock Exchange Group, the market expects the probability that the Federal Reserve will announce a 25 basis point rate cut tonight is 97%, and the probability of cutting interest rates by 50 basis points is 3%.

Commerzbank analyst Thu Lan Nguyen pointed out in the research report that more drastic interest rate cuts will put significant pressure on the US dollar. She said that in the current context of rising inflation, implementing more aggressive interest rate cuts may raise market concerns about “implementing loose monetary policies

under political pressure”