The strong dollar is a great reason to keep interest rates low

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Since late 2008, the Fed has held short-term interest rates at zero in an effort to stimulate economic growth. But it is expected to begin raising them in the coming months..

A strong dollar means lower inflation

Low interest rates are one of the Fed’s main tools for stimulating the economy — pushing the interest rate lower encourages borrowing, which encourages economic growth

It’s true that unemployment has fallen to 5.5 percent, but wages still are just barely keeping up with inflation

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Read More @ vox.com

 

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The strong dollar is a great reason to keep interest rates low

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