Soaring dollar could help Fed in fight against inflation - The Washington Post

7/17/2022 12:00:00 AM2 years 9 months ago
by David J. Lynch
by David J. Lynch
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 …
Comment on this story The Federal Reserves interest rate hikes have driven the U.S. dollar to its highest level in decades, treating American tourists to bargains in Europe and Asia, putting importe… [+9159 chars]
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