Market Analysis: Weakening US Dollar Intensifies Inflation Concerns
Jinse Finance reported that Apollo analyst Torsten Slok wrote that the upward pressure on U.S. inflation comes not only from tariffs and immigration restrictions, but also from the continued depreciation of the U.S. dollar. He stated that the dollar has depreciated by nearly 10% this year, and the Federal Reserve's U.S. economic model finds that a 10% depreciation leads to a 0.3% increase in the inflation rate.
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