Market Lowers But Doesn't Eliminate Fed Rate Hike Expectations; Dollar Decline Limited on June 15

According to Jinshi data on June 15, strategists at Yeanspring Investment Research said that following a temporary peace agreement between the U.S. and Iran, markets have lowered but not fully eliminated expectations for a Federal Reserve rate hike, limiting the dollar's downward movement. Data from the London Stock Exchange Group showed the market assesses a 68% probability of a 25 basis point rate hike in December, fully reflecting expectations for action by March next year. The strategists noted that rate hike remains possible, which should make the dollar's decline less severe compared to other assets, primarily oil prices.
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