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State of Play: Inflation, Recession Signals, and the Housing Market — with Mark Zandi - The Prof G Pod

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CHAPTER

Is the Dollar Strength a Constraint on the US Economy?

The dollar strength is more of a reflection of this relative strength of the US economy. We're just doing better. So we've normalized more quickly our interest rates have risen more quickly and we still are the AAA credit when there's a problem anywhere on the planet, including here at home. The strong dollar does matter, but it's small in the grand scheme of things. Our economy still depends most significantly on what's happening here domestically and particularly with American consumers doing.

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