Economists at the Bank of America analyze how the Jackson Hole conference could influence the direction of the US Dollar. Possibility of rate cuts cou
Economists at the Bank of America analyze how the Jackson Hole conference could influence the direction of the US Dollar.If there is any hint or suggestion that the neutral policy rate could be higher than what is currently expected, this could serve as a catalyst for another round of Dollar appreciation. In essence, it would indicate that the Fed might be willing to let rates go higher before declaring its monetary tightening cycle complete.
On the other hand, if there is significant discussion or emphasis on the potential for eventual rate cuts by the Fed, this could cause the Dollar to decline and move back into the lower half of its trading range for the year.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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