法兴银行：美国若陷轻度衰退或致美元走弱

Core Viewpoint - The U.S. economy is at risk of entering a mild recession, which could lead to significant interest rate cuts and a weakening of the dollar [1] Economic Outlook - Growth slowdown and high valuations in U.S. equities may replicate the mild recession scenario seen in 2001 [1] - Historical context shows that the Federal Reserve reduced interest rates from 6.5% to 1.0% between 2001 and 2003, resulting in a 40% decline in the dollar index over the following seven years [1] Risks and Warnings - Concerns regarding inflation, economic growth, asset valuations, and market bubbles could push the economy towards a mild recession, potentially exceeding expectations for both interest rate and dollar declines [1]