Strategist Highlights Impact of December CPI Data on Federal Reserve Expectations

According to Odaily, foreign exchange strategist Audrey Freeman has noted that the moderate Consumer Price Index (CPI) data for December has provided a welcome relief amid growing skepticism about the Federal Reserve's anticipated interest rate cuts. Freeman suggests that it may be premature to abandon expectations of the Federal Reserve adopting a dovish stance this year. Furthermore, she indicates that it might still be too early to dismiss the bearish outlook on the U.S. dollar driven by potential Federal Reserve rate cuts in 2026.