Wednesday, 19 August 2015
Why The Fed Won't Raise Interest Rates
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A strong dollar will slow exports Raising interest rates is only going to make the dollar—which has already been rising against other currencies—climb higher. That's likely to make it harder for U.S. companies to export their goods around the world, where they are likely to see less demand anyway. What's more, falling prices around the world, along with the drop in oil prices, is likely to
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