The US Dollar index hit new highs for the year ahead of the Federal Reserve's interest rate decision later today, where it's expected they will continue to signal further rate hikes as the US economy
grows at a reasonable pace.
Consumption has also continued to
grow at a reasonable pace, to be up by 0.8 per cent in the June quarter (Graph 3).
Not exact matches
For a bank
growing the balance sheet and earnings
at such a rapid
pace, the current valuation is
reasonable, if not cheap.