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USDU - Fed's Chief Concern May Be Dollar Creating Instability
WisdomTree Bloomberg U.S. Dollar Bullish Fund
The dollar holds a special place in the world currency market. Following Friday's strong job report, it is surprising we are not hearing anyone talking about raising interest rates or how this may be inflationary. Instead, the focus has been steered in the direction of how we have obtained a "Goldilocks" situation, and if anything, Fed Chairman Powell may have room to cut rates even more. It appears many people have taken the position that Powell has totally capitulated to President Trump's calls for lower rates. When the stock market started to wobble at the