Strong US economic data is double-edged sword for the Dollar – Commerzbank DollarIndex UnitedStates Fed Banks
Further tightening would reduce the possibility of a soft landing for the US economy
On the other hand, excessively strong economic data could also fuel the concerns of the hawks on the FOMC that the Fed has not yet done enough to sustainably cool the economy and ensure a return of inflation to target. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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