US dollar remains stable, traders pay attention to US CPI to seek clues to rate cuts
Source: ChainCatcher
Time: 2025-09-11 17:58:41
According to ChainCatcher, the dollar remained stable on Thursday, and traders were waiting for key U.S. CPI data to determine the Fed's path to cut interest rates. Michalis Rousakis, Bank of America's G10 exchange rate strategist, said the market is looking for reasons to re-adjust the Fed's interest rate cut and push the dollar lower. He pointed out that the current market expectations have reflected the expectation of a further cut in September, and the expectation of a three-time rate cut in the year has been priced. Bank of America expects to cut interest rates twice this year.