Dollar Set to Gain as Fed to Cut Once More: Vanguard
PositiveFinancial Markets

Vanguard's Giulio Renzi-Ricci predicts that the Federal Reserve is likely to implement one more rate cut, keeping rates at 4% for the remainder of the year. This move could lead to a strengthening of the dollar in the coming months. Additionally, he highlights the potential for artificial intelligence to expand beyond the tech sector, indicating a broader impact on various industries. This news is significant as it suggests a positive outlook for the dollar and hints at transformative changes in the economy driven by AI.
— Curated by the World Pulse Now AI Editorial System