Oddbean new post about | logout
 The hidden costs of a strong U.S. dollar
==========

In 2022, the U.S. dollar reached its highest level since the early 2000s; a strong dollar can lead to higher prices for American consumers; reduced demand for U.S. exports may result in layoffs in key industries; managing the dollar's value presents challenges for U.S. president, Federal Reserve, and policymakers.

#UsDollar #Economy #Exports #Inflation #Layoffs #Policymakers #FederalReserve #2022 #Recession #Trade

https://www.cnbc.com/video/2024/08/21/how-a-strong-dollar-can-backfire-on-the-us-economy.html