Memuat…
Economist Barry Eichengreen writes that the broad effective dollar fell 8% between January 2017 and January 2018, contrary to expectations of tax cuts, rate hikes and tariffs pushing it higher. He argues that tariffs would normally require a stronger real exchange rate to offset their effects on an economy near full employment.
The column explores why the expected dollar strength has not materialized.
Persistent dollar weakness supports US commodity exports priced in dollars, while tariff-driven currency adjustments could alter trade flows for soy and corn. The outlook is an analytical view rather than a new market shock.
japantimes.co.jpBarry Eichengreen19 Mar 2018Setelah 1.637 peristiwa makro bearish sebelumnya, Dolar AS (Luas) bergerak median -0,2% selama 5 sesi (39% lebih tinggi; separuh tengah -0,6% sampai +0,3%), dan -0,2% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
