16:19 - 31.01.2022

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January 31, Fineko/abc.az. Global investment bank JPMorgan has announced that the US dollar may continue to strengthen after the US Central Bank (Fed) raises interest rates in March.

ABC.AZ emphasized that according to JPMorgan’s experts, there is still a possibility of dollar growth.

In their opinion, the markets are still in the price search mode.

"The dollar is likely to reach its peak within 1-2 months after the Fed raises the discount rate," the expert group said.

It is likely that Fed's expectations for a 5-fold increase in interest rates in 2022 have intensified.