Skip to content
Subscriber Only
Business
Economics

Goldman to Fed: Stop Worrying So Much About the Stronger Dollar

  • The greenback's effect on inflation is `limited,' bank says
  • Bond market has boosted expectations for consumer price gains
Video player cover image

How the Dollar and Emerging Markets Are Affecting the Fed

Updated on

It’s time for the Federal Reserve to end its dollar fixation.

That’s the takeaway from a Goldman Sachs Group Inc. report Wednesday that suggests the U.S. currency poses little threat to the Fed’s inflation goals, challenging policy makers’ comments to the contrary. That’s good news for dollar bulls who are betting on expanded monetary-policy divergence between the U.S., Europe and Japan.