Learn how the strength of the US dollar impacts your finances, as well as its ramifications on the US and global economies.
What does it mean to have a strong dollar? Who benefits the most from a strong US dollar? Hosts Sean Pyles and Anna Helhoski delve into the implications of a strong dollar on both domestic and global economies. They interview Cris deRitis, deputy chief economist at Moody’s Analytics, to demystify what a strong dollar means beyond its impact on travelers, along with what will happen if the dollar continues to become stronger.
Then, Sean and Anna explore recent headlines, including major airlines’ resistance to transparent fee disclosures and record-breaking travel projections for Memorial Day weekend. They also discuss consumer discontent with credit card rewards programs, shedding light on hidden fees and devalued rewards.
In their conversation, the Nerds discuss: strong dollar, airline fees, credit card rewards, money news, global economy, domestic economy, travel impact, economic insights, airline transparency, travel fees, currency strength, dollar value, monetary policy, Federal Reserve, travel tips, consumer finance, economy analysis, finance trends, airline industry, vacation planning, personal finance, currency valuation, money management, economic stability, international travel, financial headlines, economic updates, financial education, and economic trends.
To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.
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