德国商业银行：如果官方数据显露疲软 美元恐将走弱

Core Insights - The report by Thu Lan Nguyen from Deutsche Bank suggests that a potential end to the U.S. government shutdown could negatively impact the dollar if delayed data supports further interest rate cuts [1] Group 1: Economic Indicators - Recent dollar appreciation is attributed to the absence of official data during the shutdown, which has reinforced the view that the Federal Reserve may pause further rate cuts [1] - Delayed data may indicate a weakening labor market alongside rising inflation, which could influence the Federal Reserve's decision-making [1] Group 2: Federal Reserve's Focus - The Federal Reserve may prioritize employment over inflation, as managing employment levels is perceived to be more challenging [1] - The recent decline in rate cut expectations is viewed as unreasonable and is interpreted as another argument for a weaker dollar [1]