The U.S. dollar hits two-year highs

The Federal Reserve Bank’s tightening of monetary policy has driven up interest rates, while causing investors to sell stocks.  It has had another impact—a steep rise in the U.S. dollar. The U.S. bond market has already priced in a 96% chance of a 50-basis-point rise in the Federal funds rate at the next FOMC meeting…

By Bill Schmick
April 21, 2022

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