The 35% decline in the yen and 25% decline in the euro relative to the dollar, and the US dollar index up by 25% since 2017, are being rationalized as a response to the US Federal Reserve’s raising interest rates to battle inflation. Analysts remind us that such policy is similar to the one Paul […]
Tag: Interest Rate Policy
Posted inUncategorized
Fed may finally be ready to throw in the towel on misguided inflation forecast
Posted inUncategorized
