Data supports The Federal Reserve (FED) in cutting interest rates, the dollar weakens.

On June 12, the possibility of a rate cut by The Federal Reserve (FED) is growing, limiting the dollar. As Trump readjusts America’s geopolitical leadership and pushes his aggressive tariff agenda, the dollar has been under pressure. Most importantly, data shows a slowdown in inflation and the labor market, increasing the likelihood of a rate cut by The Federal Reserve (FED) in early fall or even earlier. (Jin10)