CoinVoice has recently learned, according to Jin10 reports, that American bank analysts pointed out that compared to other countries and currencies, U.S. tariffs have a more significant negative impact on the U.S. economy and the dollar. The bank believes that tariffs could trigger retaliatory measures, and that the trade scale between the U.S. and the world exceeds that of other countries with the U.S., making it more susceptible to shocks.
Data will determine the fate of the US dollar: if US economic indicators improve, investors may begin to ignore policy noise and support the dollar; however, Bank of America expects the data to be weak, as policy uncertainty has led to a stagnation in corporate hiring and investment plans, compounded by persistently high tariffs. In addition, fiscal easing may push up borrowing costs.
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CoinVoice has recently learned, according to Jin10 reports, that American bank analysts pointed out that compared to other countries and currencies, U.S. tariffs have a more significant negative impact on the U.S. economy and the dollar. The bank believes that tariffs could trigger retaliatory measures, and that the trade scale between the U.S. and the world exceeds that of other countries with the U.S., making it more susceptible to shocks.
Data will determine the fate of the US dollar: if US economic indicators improve, investors may begin to ignore policy noise and support the dollar; however, Bank of America expects the data to be weak, as policy uncertainty has led to a stagnation in corporate hiring and investment plans, compounded by persistently high tariffs. In addition, fiscal easing may push up borrowing costs.