US Dollar Outlook – Dancing to The Fed’s New Soundtrack - DailyFX

The era of cheap money in the US is over after the Fed kickstarted its widely anticipated monetary tightening program by raising interest rates by 25bps this week. And there's a lot more to come.

US Dollar Price, Chart, and Analysis

• Financial markets expect a total of 175 bps of rate increases this year and 100 bps in 2023.
• The Fed needs to navigate a tricky path between grow… [+2525 chars]
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