Strong US Dollar Looks Set to Stay, Forcing Investors, Economies to Rethink Bloomberg

Image for article Strong US Dollar Looks Set to Stay, Forcing Investors, Economies to Rethink Bloomberg
News Source : Bloomberg

News Summary

  • Having entered the year predicting the greenback would decline, investors have been forced into a rethink
  • A red-hot US economy and sticky inflation requiring the Federal Reserve to hold off cutting interest rates is behind the change in fortunes
  • The world’s financial markets are encountering a force they didn’t bet on for 2024
The worlds financial markets are encountering a force they didnt bet on for 2024 A strong dollar is back and looks set to stay.Having entered the year predicting the greenback would decline, inves [+146 chars]

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