HKS Affiliated Authors
James W. Harpel Professor of Capital Formation and Growth
Abstract
Abstract
September 2022, Audio: "All those interest rate hikes by the Federal Reserve we’ve been telling you about? They’ve pushed up the value of the U.S. dollar — a lot. That’s great for U.S. travelers; your dollar buys more in Paris these days. But it’s not so great for other countries if they have to pay for staples like food in dollars or borrow in the U.S. currency. And many do. The dollar is on a roll, soaring to a 20-year high against other currencies." Listen Via Marketplace
HKS Faculty Author - Jeffrey Frankel