Wednesday, July 29, 2020

Even the loonie is rising against the U.S. dollar as the Fed faces currency threat: Don Pittis

HEALTH-CORONAVIRUS/USA-FED

Goldman Sachs warns that the U.S. dollar's place as the world reserve currency faces threat as the American economy is weakened. Can Federal Reserve chair Jerome Powell maintain his promise not to even think about thinking about hiking rates, Don PIttis asks.



source https://www.cbc.ca/news/business/federal-reserve-u-s-dollar-economy-rates-jerome-powell-1.5666260?cmp=rss

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