Reported about 10 hours ago
J.P. Morgan highlights concerns over the declining value of the U.S. dollar due to geopolitical shifts, the rise of non-USD currencies in commodity transactions, and its decreasing share in FX reserves. However, experts suggest that a weaker dollar could benefit American consumers by increasing demand for U.S. goods from abroad and boosting stock market returns. Additionally, inflation linked to a weaker dollar may offer advantages to homeowners with fixed-rate mortgages.
Source: YAHOO