3min chapter

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Is A Strong US Dollar A Good Thing?

Ones and Tooze

CHAPTER

Is the Fed Moving More Rapidly Than Other Central Banks?

adam: Is the strong dollar that we have right now, is that a kind of goal of the feds current policy, or is it just a kind of unintentional by product? Adam: It's definitely not an objective, aside effect. And its an eside effect of the fact that the fed is the no wold's leading central bank and amongst the advanced economies,. amongst its peers, its first one to move aggressively to raise introstrates to stop inflation. The european central bank and the bank of japan, who are the other two majorin advanced econ apeer central banks, have been relatively slow to raise interest rates.

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