Reported about 12 hours ago
The Bank for International Settlements warns that in light of potential trade tariffs under President Trump, the strengthening U.S. dollar could lead to global stagflation—a combination of high inflation and stagnant economic growth. The report highlights increasing uncertainties and risks regarding capital flows and exchange rates, suggesting that a stronger dollar may elevate import prices and tighten global borrowing conditions, adversely affecting economic activity, particularly in developing nations.
Source: YAHOO