According to reports from Jinshi Data, foreign media analysis points out that Federal Reserve Chairman Powell insists on waiting for more evidence before cutting interest rates due to the impact of tariff policies, in order to confirm that inflation has not surged. The dollar's performance has been unusual; before the announcement of the tariff policy, the market expected the dollar to strengthen, but in reality, the dollar has depreciated.
Since the 'Liberation Day' on April 2, the dollar index has fallen by 6.8%, and it has dropped about 10.4% in 2025 so far, marking the worst performance for this year at least in 25 years. The prolonged weakness of the dollar could have significant implications for the economy, including consumer prices.
