Outlagging the Rest

Published on September 11, 2023 by Premium

The dollar looks to strengthen as the lagged impacts of monetary policy weigh on other major economies and compel their central banks to relent first in their restrictive policies. Economic growth abroad appears to be faltering as higher rates reduce disposible income via higher mortgage rates and also reduce the availability of bank credit. At the same time, the U.S. economy continues to grow above trend and even potentially at an accelerating pace. The U.S.' […]

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