10.8 C
New York
Saturday, November 16, 2024

Decades-high inflation has triggered a ‘reverse currency war’ as a soaring dollar leaves central banks scrambling to catch up

The dollar’s rapid appreciation has central banks around the world engaging in a “reverse currency war” as they battle to keep pace with the Federal Reserve. The Fed has enacted aggressive interest-rate hikes this year in an attempt to rein in inflation that hit more than 40-year highs over the …

This post was originally published on this site

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

156,488FansLike
396,312FollowersFollow
2,320SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x