The Market Catalyst is here…
A Bloomberg story published tonight on the dollar and how its strength is affecting world markets could be a catalyst for pushing the FED to rethink how for it wants to go, especially if inflation numbers this month confirm a rollover towards down. The article does not go that far into conclusions but makes the case for what US interest rates are doing to the world.
This is the story on Bloomberg. It is worth a read.
Dollar Pain Spreads From Emerging to Developed Economies
- Greenback strength is pushing rival currencies lower
- Weaker currencies help to push up import prices and inflation
By Enda Curran and
September 6, 2022 at 3:00 PM CDT
Updated onSeptember 6, 2022 at 8:57 PM CDT