dollar and Fed policy

Dollar in Rare Limelight

October 7, 2015

The value of the dollar dominates U.S. economic policy so rarely that the exceptions still out boldly and counted on the fingers of a single hand.  Other countries don’t have that luxury.  America’s exceptionalism in this regard since the Second World War springs from the U.S. currency’s unchallenged dominance as a reserve currency.  Typifying this […] More

Import Prices and the Dollar

September 18, 2015

U.S. officials since the Great Recession have generally avoided engaging in currency manipulation.  Complaints were toned down about the yen and yuan being too weak.  Switzerland was given a green pass when a cap on the franc was imposed for 3+ years.  The dollar for the most part wasn’t a political football, and the dollar […] More