Reported 2 days ago
The Federal Reserve's recent interest rate cut has strengthened the US dollar, but Macquarie strategist Thierry Wizman highlights a contrasting trend among other central banks adopting dovish stances. As the Fed maintains a hawkish outlook in anticipation of inflation, other major banks are cutting rates or delaying hikes, suggesting that this divergence may impact global markets and encourage investors to shift from US to foreign stocks.
Source: YAHOO