State Street’s Ferridge Sees 10% Dollar Drop on Three Fed Cuts

State Street’s Ferridge Sees 10% Dollar Drop on Three Fed Cuts



State Street’s Ferridge Sees 10% Dollar Drop on Three Fed Cuts
The dollar may fall 10% this year as there’s a risk the Federal Reserve will cut interest rates more deeply than markets anticipate once the next chair of the central bank takes over, according to State Street Corp.’s Lee Ferridge.


www.bloomberg.com
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