The Tell: A rampaging U.S. dollar is wreaking havoc in markets: Why it’s so hard to stop.

by | Oct 7, 2022 | Stock Market

The U.S. dollar keeps getting compared with a “wrecking ball” in regard to the economic and market havoc caused by its outsize 2022 rally. But there’s only so much central bankers and other economic policy makers can do, warned Paul F. Gruenwald, global chief economist at S&P Global, in a Thursday note. To address the factors really driving the dollar’s rally will require politicians do the heavy lifting, he argued.

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