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US fiscal policy

Why Is the Dollar So Weak?

February 2, 2018 // Frankfurter Allgemeine Zeitung - Germany - German

<i>The expansionary fiscal policy of the American government alongside the Federal Reserve's tighter monetary policy should theoretically be appreciating the dollar – yet the currency remains weak. Joachim Fels from the investment company PIMCO attempts to offer an explanation. </i> Why has the dollar been so [Read more]