Today news
About the same in other media
Inflation Keeps the U.S. From Stepping In to Slow Dollar’s Rapid Rise
Reading now: 564
WASHINGTON—U.S. policy makers aren’t likely to take action to slow the dollar’s rapid rise despite rising risks of global financial turmoil, analysts say, largely because a strong greenback helps fight domestic inflation.
The U.S. dollar has soared in value as the Federal Reserve raises interest rates to fight the highest U.S. inflation in decades and investors move money into dollar-denominated assets. The WSJ Dollar Index, which measures the dollar against a basket of other currencies, is up roughly 16% so far this year.
Read more on wsj.comAbout this in other media
US Democrats threaten Saudi Arabia with arms freeze over oil output theguardian.com /2 years ago
IMF Cuts 2023 Global Growth Forecast, Citing Inflation, War and China Slowdown wsj.com /2 years ago
British businessman charged over helping Russian oligarch evade US sanctions theguardian.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
