Despite high inflation in the United States, but according to forecasts
of financial market observers, the US Federal Reserve is likely to cancel tight
monetary policy and move towards lowering bank interest rates. According to the
latest US economic data, especially retail data, the purchasing power of
individuals in the United States has decreased due to high inflation. For this
reason, the dollar index has fallen sharply. The pound and the euro rose
sharply. Gold prices also rose slightly.
Dr. Kamaran Qader Yaqub,
Financial Consultant at
Investment Spot company.
