As the US fights inflation with a stronger dollar, what about the rest of the world?

//As the US fights inflation with a stronger dollar, what about the rest of the world?

As the US fights inflation with a stronger dollar, what about the rest of the world?

The Federal Reserve’s moves have triggered massive capital outflows from China and pushed the yen to multi-decade lows. Keeping the dollar strong to fight inflation – in effect a kind of currency manipulation – can be pushed only so far before it triggers extreme volatility and a race to the bottom among export-oriented nations.

Article by [author-name] (c) Business - South China Morning Post - Read full story here.

By | 2022-05-08T16:30:10+00:00 May 8th, 2022|Business|Comments Off on As the US fights inflation with a stronger dollar, what about the rest of the world?