Achi news desk-
Like Joe Biden he said this week that America’s booming economy was the strongest in the world during a re-election campaign tour of the battleground state of Pennsylvania, global finance mobilization chiefs in Washington had a different message: cool.
The push back from central bank governors and finance ministers gathering for the spring meetings of the International Monetary Fund-World Bank highlight how the sting of a surging US economy – manifested by high interest rates and a strong dollar – is ricocheting throughout the world by forcing other currencies lower and complicating plans to bring them. borrowing costs down.
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The post Biden’s Hot Economy Stokes Currency Fears for the Rest of the World – Bloomberg appeared first on Canadian News Media.
