U.S. Dollar

U.S. Dollar Suffers Worst First-Half Decline Since 1973

The U.S. dollar has just experienced its most significant decline for the first half of any year since 1973, and that’s a pretty startling statistic to digest. It immediately begs the question: what’s causing this, and what does it mean for the average person? The last time we saw a drop of this magnitude was back in the early seventies – a period marked by significant economic shifts. Now, we’re seeing echoes of that, and it’s natural to feel a bit disoriented by it all.

Essentially, a weaker dollar means that the value of the currency is decreasing compared to other currencies around the world.… Continue reading

Trump’s Policies Lead to Worst Dollar Start in Over 50 Years

The U.S. dollar has experienced its worst start to a year since 1973, primarily due to President Trump’s trade policies, concerns about growing public debt, and questions surrounding the Federal Reserve’s independence. The dollar’s decline coincides with the Senate’s consideration of Trump’s tax-cutting bill, which is projected to significantly increase the deficit. Trump’s approach to trade, characterized by reciprocal tariffs and pressure on the Fed to lower interest rates, has contributed to the dollar’s weakness. Furthermore, Trump has openly criticized Federal Reserve Chair Jerome Powell, raising concerns about the central bank’s independence and potentially influencing monetary policy, which could further erode the dollar’s value.

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