Economy News – Follow-up
Qatar National Bank (QNB) has forecasted that the US dollar is likely to stabilize at more moderate levels, influenced by measures aimed at managing financial conditions and supplementary monetary easing policies. This trend is further bolstered by the new American administration, which is expected to prioritize the resolution of economic imbalances.
In its most recent weekly report, QNB noted that the potential for the dollar’s value to rise beyond current levels is limited. It also highlighted expectations of a significant downturn in persistent inflation and a deceleration in economic activity. Additionally, the flexibility observed in the US labor market suggests that further interest rate adjustments will occur. These developments are anticipated to ease global financial conditions and encourage capital flows towards assets less tied to the US dollar.
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