2min chapter

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Bank of Japan Re-embraces Yield Curve Control | Roundup

Forward Guidance

CHAPTER

The Impact of Rates on the Dollar

If hikes are going to happen for the dollar, then the dollar is expected to go up because it will attract foreign capital. At what point are US rates going to be so high that they're going to suck capital in from around the globe? And we have a, that's a bit dramatic, like a 1930s situation. So I think it really depends on where you are in the world. We do see some dollar strength already.

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