In the Asian session on Monday (April 24), the U.S. dollar index rose slightly, with the latest price of the U.S. dollar at 101.72, an increase of 0.02%. The rise in the US dollar deposit rate is mainly related to the Fed’s interest rate hike cycle. At present, institutional analysis generally believes that the Fed’s rate hike cycle may be coming to an end, and the rise in the US dollar deposit rate is limited.
Economists believe that the Fed’s interest rate hike cycle is coming to an end. Whether to raise interest rates in May depends on future inflation expectations and the further evolution of risks in the U.S. financial system. The 10-year U.S. bond yield may fluctuate widely. “Although U.S. inflation is still sticky, the pressure on the U.S. banking industry cannot be ignored. At the same time, the downward speed of inflation other than housing is still unclear. The Fed is facing a dilemma, and interest rate hike expectations may have peaked.” Economists said .
