Institution: To maintain a strong dollar, the Federal Reserve needs to pause interest rate cuts

ChainCatcher news, according to Jinshi reports, Ed Yardeni, president of Yardeni Research, stated that to maintain the strength of the dollar, the Federal Reserve may need to stop cutting interest rates.

Yardeni pointed out that the U.S. economy is performing robustly, and his company, Yardeni Research, has always held a positive view on the dollar. A few months ago, due to market expectations of multiple interest rate cuts by the Federal Reserve, the dollar weakened, which Yardeni believes would be a mistake. He added that the performance of the U.S. Treasury market and the dollar supports this view. He believes that by stopping or reducing interest rate cuts, the Federal Reserve will help maintain the strength of the dollar.