BETS FOR MORE ACTIVE U.S. RATE CUTS HIT DOLLAR MUFG Bank says markets expect the Fed to prioritize growth over inflation amid U.S. tariffs, pressuring the dollar. Rate cut bets rise as U.S. growth worries grow, pushing yields lower. Falling consumer confidence signals tariff concerns. DXY drops 1.5% to 104.109, hitting a 4-month low of 104.018.