Understanding How a Strong Dollar Impacts Global Economies
August 03, 2022 at 15:12 PM EDT
The U.S. dollar continuing to strengthen can be extremely problematic for other countries’ economies, impacting the U.S. trade deficit and adding persistent inflationary pressures abroad. It was such a problem in the 1980s that the Plaza Accord was struck in 1985 between the U.S., France, Germany, the U.K., and Japan to intentionally depreciate the U.S. [...] The post Understanding How a Strong Dollar Impacts Global Economies appeared first on ETF Trends .
