Also it would only strengthen the dollar further against the Euro and Yen and we are already up big time over the past year. So in a race to the bottom, we'd be going the wrong way by raising rates.
Also it would only strengthen the dollar further against the Euro and Yen
Maybe I'm missing something but when I look at the dollar along w/ the fed rate I don't see a link.
Sometimes it's worked together that way, but right now the dollar's the strongest its been in ten years and the fed rate's the lowest.