Core Viewpoint - The dollar is gaining support due to reduced expectations for interest rate cuts following the recent Federal Reserve meeting minutes [1] Group 1: Interest Rate Expectations - The scaling back of interest-rate cut expectations is contributing to the dollar's strength, as noted by MUFG Bank's Lee Hardman [1] - The new 10% global tariff, effective Tuesday, may lower overall tariffs, potentially allowing the Federal Reserve to reduce rates later this year by decreasing inflation [1] - Despite the potential for lower tariffs to influence rates, an immediate change in the Fed's cautious approach to rate cuts is deemed unlikely [1]