Dollar Weakening Incoming?

In efforts to combat the covid crisis, the US embarked on unprecedented monetary and fiscal stimulus to support the economy and markets.

With the impending rising debt levels, analysts expected 2021 to be a year of US dollar weakness, but does the recent announcement by the FOMC that 2 rate hikes are expected by end 2023 change that narrative? This report is in collaboration with Standard Chartered Malaysia.

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