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  • Ken Rogoff Will Dollar Surge End Whiplash

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    The US dollar has surged this year against other major currencies due to higher interest rates and economic and political turmoil abroad. However, the dollar's rise has been unusually fast and large, and history shows that rapid currency movements often reverse sharply. If the dollar's appreciation continues much further, it could slow US growth and inflation, prompting the Federal Reserve to backtrack on rate hikes.

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    Ken Rogoff Will dollar surge end whiplash

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    The US dollar has surged this year against other major currencies due to higher interest rates and economic and political turmoil abroad. However, the dollar's rise has been unusually fast and large, and history shows that rapid currency movements often reverse sharply. If the dollar's appreciation continues much further, it could slow US growth and inflation, prompting the Federal Reserve to backtrack on rate hikes.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    3 views2 pages

    Ken Rogoff Will Dollar Surge End Whiplash

    Uploaded by

    kferreira
    The US dollar has surged this year against other major currencies due to higher interest rates and economic and political turmoil abroad. However, the dollar's rise has been unusually fast and large, and history shows that rapid currency movements often reverse sharply. If the dollar's appreciation continues much further, it could slow US growth and inflation, prompting the Federal Reserve to backtrack on rate hikes.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    Will the Dollar’s Surge End in Whiplash? by Kenneth Rogoff - Project Syndicate (project-syndicate.

    org)

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