The surging dollar will drop next year as the US slips into recession and the Fed cuts interest rates, Wells Fargo says

The surging dollar will drop next year as the US slips into recession and the Fed cuts interest rates, Wells Fargo says

Business Insider

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The dollar is set for a period of "cyclical decline" in 2023 after surging this year on the back of Federal Reserve interest rate hikes, Wells Fargo says.

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