The EU has already said that they’re raising interest rate. So, not all countries will be lowering interest rate to match ours. The fed recently also stated that they’re for strong dollar and that could be a signal they’re done cutting rate and would start increasing them again. Then there’s the inflation factor. If fuel cost continue to leak into other part of the economy, I don’t see how inflation will subside without a rate hike. If the start to seriously raise rate, that will give strength to the dollar as well. Just my 2 pesos.
