DXY - Long term | Market outlookInvestors focus on further actions of the US Federal Reserve in the field of monetary policy. Most experts believe that in May, the regulator will raise the interest rate above 5.0%, after which it will keep it at this level, and by the end of the year, it may begin to reduce the cost of borrowing again. Under the conditions, the comments of American officials are of particular interest. Thus, the President of the Federal Reserve Bank (FRB) of Atlanta, Rafael Bostic, noted that it is necessary to increase the rate again, after which it is worth stopping and assessing how quickly inflation returns to the target levels. The official added that the US economy remains strong, price increases are high, and there is a lot of work to be done in the fight against it. St. Louis Fed President, James Bullard, in an interview with Reuters, confirmed that monetary policy tightening could continue amid the release of recent economic data, as inflation is not declining and economic recovery is slow.
