[Institution: The Federal Reserve Still Has Room for Rate Cuts in the Second Half of the Year, Recent Dollar Rebound May Be Short-Lived] Odaily Planet Daily News – Lee Hardman of MUFG Bank pointed out in a report that the recent rebound of the dollar might be short-lived, as the U.S.-Iran conflict is expected to last weeks rather than months. He stated: 'If this prediction is correct, the dollar is likely to peak in the short term and reverse starting from the second quarter.' Hardman believes that due to U.S. energy independence and the reduced expectation of further rate cuts by the Federal Reserve, the conflict has driven up oil prices and supported the dollar. However, he noted that as long as energy prices fall back, the Federal Reserve still has room for rate cuts in the second half of 2026. In addition, U.S. policy uncertainty may remain at a high level. (Jin10)