Dominguez breaks down how exchange rates impact inflation | Gerald R. Ford School of Public Policy

Dominguez breaks down how exchange rates impact inflation

January 13, 2023 BBC

Kathryn Dominguez, BBC: "We saw this really dramatic appreciation of the dollar when the US was really moving most forcefully against inflation earlier in 2022. As exchange rates stabilize, that kind of moving of inflation from one country to another is likely to abate. The hope is if all countries are moving in the same direction, they will not need to be as aggressive, which might then also lead to less economic slowdown across the world."