Strategist: Mild December Inflation Leaves Window for Fed Dovish Expectations

Odaily News Foreign exchange strategist Audrey Freeman stated that the mild December CPI data provided welcome relief at a time when expectations for Fed rate cuts were beginning to be questioned, indicating it is still too early to give up on expectations for the Fed to turn dovish this year. This also means it may still be too early to abandon the bearish view on the dollar driven by Fed (rate cuts) in 2026. (Jin10)