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HSBC Economist Says U.S. Dollar Unlikely to Rise Significantly This Week Unless Fed Hikes

2026-07-27 14:27:36

HSBC0.18%

According to HSBC's report, economist Paul Mackel stated that the U.S. Federal Reserve's decision this week is unlikely to provide a new catalyst for dollar strength unless the Fed unexpectedly raises interest rates. With Fed Chair Waller acknowledging inflation remains above target while reaffirming the commitment to price stability, any meeting outcome aligned with these views would not likely trigger significant dollar appreciation, as markets have already priced in rate hikes later this year.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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