BlockBeats news, on December 19, Nick Rees, senior foreign exchange market analyst at Monex Europe, said that the Fed's latest interest rate decision marks the beginning of the FOMC's extension of the pause in interest rate cuts, although it is too early to say this explicitly.
The Fed is now expected to remain on hold until at least the first half of 2025. If correct, this should support the dollar's upward movement in the coming months. (Jinshi)