Reported about 10 hours ago
The U.S. dollar is experiencing its worst start to a year since 2008, dropping over 4% amid growing recession fears and uncertainties surrounding the Trump administration's economic policies. This decline in value raises concerns about higher import costs for consumers and businesses but could simultaneously boost U.S. exports. As the Federal Reserve considers potential interest rate cuts, the market reacts to the conflicting pressures of tariffs and shifting global economic dynamics, impacting both inflation and investment.
Source: YAHOO