Rabobank: The U.S. Presidential Election is Crucial for the Dollar's Outlook

ChainCatcher news, according to Jinshi reports, the Dutch cooperative bank stated that the U.S. presidential election in November will play a key role in the dollar's performance at the end of 2024 and the beginning of the year. If Trump is elected president, inflation may be higher. A looser fiscal situation suggests that the Fed's easing cycle may suddenly stop next year. If Harris wins the election, it will allow for a longer series of rate cuts, which means the dollar's performance will be weaker than if Trump were president.