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The Big Picture brings together a range of PS commentaries to give readers a comprehensive understanding of topics in the news – and the deeper issues driving the news. The Big Question features concise contributor analysis and predictions on timely topics.
The Dollar Adrift
The greenback’s retreat against other currencies has surprised most economists, who had expected the Trump administration's profligate spending and tax cuts to lead to higher interest rates and upward pressure on the exchange rate. So what accounts for the dollar’s decline, and will it matter?