2min chapter

Forward Guidance cover image

There Are No Doves Left At The Federal Reserve | Nick Timiraos

Forward Guidance

CHAPTER

The Fed's Worry About the Dollar's Rise

A strong dollar is helping the Federal Reserve right now. They don't want to have a market repair, a market crack up event. The euro has been falling sharply against the dollar. You saw import prices last month, you know, negative point five percent on the month. I think that was the first negative reading since the pandemic.

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