Fed Is Destroying the Dollar With Inflation. There’s No Turning Back

Federal Reserve Chair Jerome Powell introduced the central bank’s plan to target a 2% average inflation rate. Since then, strategists have expressed concerns about inflation and the potential risks to market stability it could bring. It poses more selling pressure on the U.S. dollar, which already declined substantially in the past four months. The Federal …

Dow Hits 6-Month High as Fed’s Inflation Pledge Rattles Dollar

Dow Hits 6-Month High as Fed’s Inflation Pledge Rattles Dollar CCN.com – News and Op-Eds for The Next Generation The Dow Jones Industrial Average opened at more than six-month highs, as Fed intervention spurs another rally in equities. Dow Hits 6-Month High as Fed’s Inflation Pledge Rattles Dollar CCN.com – News and Op-Eds for The …