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Where Things Stand Now With Inflation and the Fed
Odd Lots
Is the Dollar Going to Rise?
The US consumer hangs in there pretty well, because they're all getting a price cut on gasoline. There isn't really that passed through from rates to mortgages, the way there is here. And so you have weakness rest of the world. It also made me wonder, does that mean the dollar is going to rise? We don't really talk markets much. But that would sort of possibly be an implication of other central banks feel like they have to cut rates or slow them faster while the Fed is saying, look, US consumers doing all right. All kinds of interesting possibilities for 2023 there.
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