Julius Baer expects the US Federal Reserve to hike interest rates again in December, despite weak inflation data, and believes the US dollar will rise as market expectations are “too low”. “The Fed is convinced that the dip in inflation readings is only transitory but if things turn out otherwise, the central bank would adjust its tightening plans,” the bank…
Julius Baer: USD to rise as market expectations are “too low”
7 July 2017
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