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Thread: How long will US dollar's decline last?
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[quote=JIMMYB,274838]After five consecutive interest cuts, US's interest rates has gone down to 3 percent from 5.25 percent. Following interest rates decrease, dollar has also been depreciating very fast. Dollar's exchange rate against Euro hit a new low. Impacted by this trend, the oil prices has been increasing quickly, breaking 100 dollars per bucket. Some analysts estimate that US Fed might cut the interest rate by 0.5 percent or 0.75 percent on March 18th. It seems that US Fed will keep decreasing the interest rates to stimulate its economy by sacrificing dollar. Perhaps, dollar depreciation can benefit US. However, they should think of other nations in the world. Dollar depreciation might trigger inflation. The president of the Euro central bank says that they will maintain the current interest rates at 4 percent to prevent inflation. In your opinion, how long will US dollar depreciation last? [/quote]
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