Trump Wants to Set Interest Rates Himself. Forecast as of 17.07.2024

1 min read

The attempted assassination of the 45th President of the United States has brought back his former audacity. Donald Trump is beginning to threaten the Fed, even though he has not yet become head of state. However, the markets believe that the central bank will not go along. Let’s discuss this topic and make a trading plan for the EURUSD pair.

Highlights and key points

Republicans are demanding that the Fed not cut rates until after the election.
Bank of America believes that the Fed will cut three times in 2024.
The EURUSD reaction to US retail sales suggests the weakness… Read full author’s opinion and review in blog of #LiteFinance

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