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Is a Firm US Dollar a Deterrent to a Fed Rate Liftoff?

Is a Firm US Dollar a Deterrent to a Fed Rate Liftoff?

4 Years ago | October 28, 2015 00:00:00

With the FOMC decision upon us, the market is already looking ahead to the December meeting and whether the central bank will keep a rate liftoff on the table. This will be important to all global markets after the ECB rejoined the currency war last week despite Draghi saying that fx is not a policy tool as his dovish comments sent the EUR tumbling. If you believe that forex is not a policy tool then you also believe in the tooth fairy.

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