💨 Abstract

The dollar strengthened on Thursday after the Federal Reserve indicated a slow pace for further interest rate cuts due to uncertainties around US tariffs. The pound remained weak after the Bank of England kept rates steady, and the Swiss franc and Swedish crown weakened after their respective central banks lowered rates. policymakers expect two rate cuts this year, with the next one likely in July.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖