With the Fed tightening monetary policy and our economy improving — and with the economies of European and other developed nations still struggling to generate growth, and with their central banks still pursuing
very easy monetary policies — the dollar would strengthen.
A moderating global growth dynamic and
very easy monetary policy abroad are also forces keeping the central bank from initiating more rate normalization.
Not exact matches
«Rates and inflation, even though they have ticked up, are still at
very low levels relative to history,
monetary policy is still
easy, said Michael Arone, chief investment strategist at State Street Global Advisors in Boston.
Inflation targets have been
very successful at maintaining price stability because they give everyone an
easy way to understand
monetary policy and, over time, create a virtuous circle in which realized inflation and expectations reinforce each other.
Fed normalization is likely to be
very gradual and
easy global
monetary policy is supportive of U.S. Treasuries.