Dollar Soars as Fed Announces High-Interest Rates

Publikováno: 29.8.2022

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The week started with the US dollar soaring through the roof. The safe haven briefly crossed its 20-year highs against multiple currencies as the Fed indicated high-interest rates for some more time. According to Jerome Powell, the Federal Reserve Chair, the interest rates will help bring down inflation. Even the dollar index, a tool used …
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