Kathy Lien on Fox Business
May 1, 2008
I was on Fox Business this morning with Alexis Glick talking about inflation in the rest of the world.
Not really relevant to us trading G-10 currencies, but nonetheless fun and interesting.
Hit the play button and the video will load
Posted in Fox Businesss, Forex Podcast, FX Radio
content rss
May 1st, 2008 at 1:03 pm
Kathy
I agree that inflation is a global problem right now. I think inflation is a big part of why the dollar has been weak. Countries perfer a strong currency to help lesson the blows of inflation.
I think that the dollar will turn in the coming weeks?
Any thoughts?
Banker
May 1st, 2008 at 2:53 pm
Thats what i expect too
May 1st, 2008 at 7:50 pm
Arent you assuming that inflation is the major concern of the Fed. Would it not be more beneficial for the Fed to weaken the dollar to help with the US trade deficit? On on an unrelated note Kathy thanks for introducing me to the Baltic Dry Index.
May 1st, 2008 at 10:40 pm
The US trade deficit has been a problem for the US dollar for the past 10 years. If anything, the trade deficit is no longer hitting record highs. For Bernanke, weak growth and high inflation are far bigger concerns right now