New economy, dollar paradigm to continue
MARKET VOICE
Data suggests the US is set for an economic recovery with little momentum, but will the new dollar paradigm remain in place, asks Lara Rhame, foreign exchange economist at Brown Brothers Harriman in New York
Productivity revisions gave the new US economy a trim, but were hardly the catastrophic event that had been predicted. To look only at the headline revisions, however, misses the deeper implications for US economic prospects and policy. This data once again points to what is likely to be an
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