As reported by Bloomberg forecast your Redeker, who is the chief strategist at Morgan Stanley, sent out to its customers on Thursday. He pointed out that the dollar will decline by 5% in the next few months. In an interview with Bloomberg, the expert explained that the upcoming decline in domestic demand.
“We are pessimistic about the immediate prospects of the U.S. economy,” said Redeker, indicating that at this point the internal indicators.
The representative of Morgan Stanley indicated at the same time on the fed’s statement this week that demonstrated the absence of the regulator’s intention to significantly tighten monetary policy.
On 27 July, the Committee on open market operations (FOMC) of the US Federal reserve left the benchmark interest rate in the range of 0.25–0.5%. Of those who voted for the base rate of the ten FOMC members, only the Chairman of the Federal reserve Bank of Kansas city Esther George voted for its growth of up to 0,5–0,75%.
As explained by Bloomberg ahead of the rate decision Professor of Economics at Johns Hopkins University Jonathan Wright, now the opinions in the FOMC are divided — some believe that the level of the base rate should be raised this year, perhaps more than once. In their view, this would reflect the positive momentum in the economic growth of the United States. Others believe that considerations of risk management dictate a more cautious behavior.