The U.S. dollar rose broadly on Thursday after the Federal Reserve’s significant interest rate cut. Despite initial volatility, the dollar rebounded from a one-year low against a basket of currencies. The Fed’s move was aimed at sustaining low unemployment amid easing inflation, with further rate cuts expected in the coming years.
Fed likely to hold rates, no cuts before September: Matt Orton
Matt Orton from Raymond James Investment suggests that manageable tariff ranges and strong Q2 earnings are fueling optimism in US markets. While oil price stability