Geithner Weak Dollar Seen as U.S. Recovery Route Versus BRICs
Geithner Weak Dollar Seen as U.S. Recovery Route Versus BRICs
From bloomberg.com
October 19th, 2010
bloomberg.com — The dollar has dropped more than 7 percent since Aug. 27, when Chairman Ben S. Bernanke signaled the Federal Reserve is prepared to ease monetary policy. Where once such a decline may have been met with resistance from the U.S., Geithner may now be tolerating it as a way of bolstering the recovery.


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