Concerns over a weak dollar are misplaced, according to Richard Berner, Co-Head of Global Economics and Chief U.S. Economist at Morgan Stanley. In his view, "those concerns are misplaced, especially in today's context. I think a weaker dollar is a helpful adjunct to US monetary policy: It helps prevent already-declining inflation from falling too low and is a stimulant to growth for an economy that could well use more vigor"
Oct 14 · 12:45:00 PM · Source: Morgan Stanley
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by Larry Etter
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