Soaring dollar could help Fed in fight against inflation ...Middle East

Washington Post - Economy
Soaring dollar could help Fed in fight against inflation
source : Washington Post ( Middle East ) () 39
The dollar reached multi-decade highs this week against major currencies including the euro and Japanese yen and is almost certain to head higher still. With consumer prices rising by 9.1 percent over the past year – the fastest pace since 1981 – the Fed has signaled additional rate increases are coming as soon as July 26.

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