From Investing.com: 2025-04-25 06:31:00

Treasury Secretary Scott Bessent reassures that the US dollar will remain the world’s reserve currency despite rumors of its demise. President Trump’s economic policies are not aimed at changing the dollar’s status. Meanwhile, the market is showing signs of an approaching near-term low, reminiscent of 2022. Investors are cautioned to remain unemotional in the face of market volatility. The Federal Reserve may consider rate cuts in June if economic data shows weakening conditions, particularly in the labor market. The market currently assigns a 61% chance of a rate cut in June.



Read more at Investing.com: Bessent Affirms US Dollar’s Global Dominance Despite ‘Death Narratives’