Analyst: Trump's victory may reduce the likelihood of the Federal Reserve cutting interest rates

ChainCatcher news, German Central Cooperative Bank analyst Sonja Marten stated in a report that a Trump victory could reduce the likelihood of the Federal Reserve cutting interest rates, thereby benefiting the dollar. She said that Trump's tariffs and immigration plans are expected to trigger inflation, while tax cuts will lead to short-term economic prosperity. "All of this will significantly reduce the likelihood of the Federal Reserve cutting interest rates. In this scenario, a noticeable and positive reaction from the dollar is expected."