The Dollar Is Soaring Again This Year

The dollar has soared so far this year, with the d x y dollar index now up more than 12 % heare to date. Home prices are now set at levels only compatible with very cheap mortgage finance. And then there's trade. This latest lurch upwards in the rate means that the trade waged us. Dollar is at its highest level in real terms since 19 85. So the greatest damage from to day's elevated exchange rate will likely show up in diminished exports and increased imports late in twent 22 and in 20 23. The first quarter climateo four point eight % of g d p, its highest level since two thousand and eight however, it is well recognized that changes in an