Bank of America analysts: The dollar may remain strong in the short term, and the Federal Reserve may stop cutting interest rates in the foreseeable future

ChainCatcher news, according to Jinshi reports, analysts at a U.S. bank stated in a report that the dollar is likely to remain at a high level in the first half of the year, and then gradually decline from historically high valuation levels.

They indicated that U.S. President Donald Trump's trade tariff policy still suggests a strong dollar in the short term. They also mentioned that due to concerns about the persistence of U.S. inflation, the Federal Reserve is likely to halt interest rate cuts in the foreseeable future.