Dalip Singh: There is uncertainty in the future direction of U.S. monetary policy

ChainCatcher news, according to Jinshi reports, the Vice President of the Fixed Income Division and Chief Global Economist at the American asset management company PGIM, Dalip Singh, stated that the main short-term risk to the dollar comes from President Trump's ongoing pressure on the Federal Reserve. He pointed out that the market is concerned that the Federal Reserve may adopt an overly dovish stance under political pressure, thereby easing monetary policy. Singh mentioned that there is uncertainty regarding the future direction of monetary policy, and if accommodative policies are combined with fiscal expansion, it could drive up inflation and further weaken the dollar amid global monetary policy divergence.