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First Republic Takeover & Media Trust Poll | 5.2.23
Morning Wire
The Fed's Next Move Could Help Our Economy Recession
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The value of the dollar has fallen 8.6%. Goldman Sachs announced this week that their analysts believe the dollar is still overvalued by as much as 15%. After a decade long surge in the dollar's value, high inflation and efforts from foreign governments have left its value sinking. That is good news for other countries as it makes the cost of business lower for them when the dollar is less valuable. But that's bad news for our economy.
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