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The Fed And The Dollar Rule The World

August 27th, 2016 · No Comments

  • The dollar has become more, not less important internationally.
  • In effect, this has made the Fed a semi-central bank for the world.
  • Due to the fragile world economy, this situation conspires against early tightening by the Fed.
  • But the internal and external goals of the Fed could become incompatible, forcing an awkward policy dilemma upon the Fed.

The Fed And The Dollar Rule The World | Seeking Alpha

Tags: currencies · Monetary policy