@@josephcheung1997 Judging from the economies from countries of the major currencies, the US dollar can only appreciate to higher levels, especially if interest rates will also be on the rise.
@josephcheung199723 күн бұрын
@@bonaza1.618 one who knows the present amount of US national debt should understand the negative impact of high interest rate to US economy better. Any 1% increase in interest rate will cost additional 360 billion to US government to pay for interest on national debt. High interest rate will make US exports more costly, difficult for enterprises to invest further. Isn’t good or bad for US economy, the answer is quite obvious. Let’s think about whether US will benefit from high interest rate?