Fed’s Sept. meeting shows pivot back to data dependence, but dollar set for boost

The Federal Reserve's September meeting highlighted a shift back to data dependence in its decision-making process, indicating that future monetary policy will be closely tied to economic indicators. This pivot is significant as it suggests that the Fed is adapting to changing economic conditions, which could impact interest rates and inflation. Meanwhile, the dollar is expected to strengthen as a result of these developments, reflecting investor confidence in the U.S. economy. Understanding these dynamics is crucial for anyone following economic trends and currency markets.