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The American dollar has hit its rock bottom, at least since the Nixon days. The dollar is experiencing its worst value since ...
President Donald Trump on Friday sent mixed signals about the dollar, expressing his preference for a strong currency while ...
Macro strategist Luke Gromen is warning that the skyrocketing US national debt may cause the dollar to plummet in value.
Trump has often complained that dollar strength blunts U.S. export competitiveness and hurts U.S. manufacturing and jobs.
The Labor Department announced July 15 that the annual inflation rate climbed to 2.7% in June, the highest since February. That is thanks to a variety of rising prices including those for housing ...
“Further euro strength is likely to be self-defeating,” said Valentin Marinov, a currency strategist at Crédit Agricole, a ...
Despite inflation and tariff worries, retail spending data from June shows Americans still shopping with gusto. Economists cite low unemployment, bargain hunting and tariff fatigue. Resilient ...
The dollar is headed for a few months of gains after tariffs raise inflation and force the Federal Reserve to delay interest rate cuts, according to ING Bank NV strategist Chris Turner.
The central bank’s rate cuts and the weaker currency pushed up consumer price inflation, which peaked at an annual rate of more than 85 percent in 2022 and forced a sharp cycle of rate increases.
SAN DIEGO (FOX 5/KUSI) — San Diego’s inflation rate went up again in May, according to data released Wednesday by the U.S. Bureau of Labor Statistics.