ING: Fed hawks re-priced, some FOMC members doubt continuous rate cuts before the end of the year

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ODAILY
10-23
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Odaily Odaily News: ING said that there has been a hawkish repricing of Fed rate expectations recently, and some FOMC members are now skeptical about consecutive rate cuts before the end of the year. Francesco Pesole, an analyst at ING, said in a report that the dollar is likely to continue to appreciate before the hotly contested U.S. presidential election next month. Pesole said that the dollar may "lose some momentum midweek" on Wednesday, but overall, the dollar will rise most of the time before the election. In addition, the dollar has also been boosted by lower expectations of Fed rate cuts. (Jinshi)

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