Analyst: If the Federal Reserve resists betting on interest rate cuts, the US dollar may rise

According to BlockBeats, on May 6th, Monex Europe analysts stated in a report that if the Federal Reserve suppresses market expectations of a rate cut at Wednesday's meeting, the US dollar may rise. They said that the market expects a possible interest rate cut in June, but recent US data shows that the Federal Reserve is unlikely to relax policy before the fourth quarter. Due to tariffs further pushing up price pressure, inflation remains high. The labor market remains stable, contrary to expectations of an economic slowdown. This leaves the Federal Reserve with almost no room for action other than postponing market easing expectations and emphasizing the elasticity of potential economic conditions. (Golden Ten)