Market Analysis: A weak dollar exacerbates inflation concerns
Apollo analyst Torsten Slok wrote that the upward pressure on US inflation comes not only from tariffs and immigration restrictions, but also from ongoing US dollar depreciation. He said the US dollar has already depreciated by nearly 10% this year, and the Federal Reserve's US economic model found that a 10% depreciation leads to a 0.3% increase in the inflation rate.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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