Rising expectations of Fed rate cuts due to economic concerns weaken the dollar

From Dow Jones & Company: 2025-06-30 11:01:00

The CME’s FedWatch tool shows nearly 49% odds of three rate cuts this year, up from 29% last month. Cooling economic and inflation indicators fuel these expectations. Tariff concerns, though, prevent a more dovish stance from the Fed. Pressure from Trump for rate cuts is growing, leading markets to anticipate a more accommodative Fed, which is impacting the dollar.



Read more at Dow Jones & Company: Dollar Weakens Amid Rising Bets on Dovish Fed