Fed Hike Risks Cloud JPMorgan’s Call for a Weaker Dollar in 2026

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JPMorgan Chase predicts a weaker US dollar in 2026 due to easing monetary and fiscal policies, but notes that rapid interest rate hike bets could undermine this forecast.

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JPMorgan Chase & Co. expects the dollar to soften next year on easier US monetary and fiscal policy, but cautioned that accelerated bets on future interest-rates hikes could challenge that view.

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Original article published by Bloomberg on November 25, 2025.
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