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As Inflation Rages, Get Ready for More FX Intervention
Posted
October 31, 2022
Views
594
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October 31, 2022
594
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1:08Now PlayingSurging inflation is now creating problems in global currency markets, amplifying the problem of rising consumer prices in domestic economies. The withdrawal of monetary accommodation by the Federal Reserve has driven up the US dollar index, weakening foreign currencies and thus making dollarpriced commodities and imports, which are already suffering from base inflation, even more expensive. Will the impact of inflation on foreign exchange markets mean more interventions by central banks around the globe? Presented by @cmegroup
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