Oil slide softens U.S. dollar’s inflationary bite
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Article Excerpt
Oil slide softens U.S. dollar’s inflationary bite
JAMIE MCGEEVER
ORLANDO, FLORIDA
REUTERS
PUBLISHED 1 HOUR AGO
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When the U.S. dollar jumps, the rest of the world holds its breath, awaiting the bout of imported inflation that often follows. The sound you hear now, however, may be a collective sigh of relief.
The dollar, boosted by rising U.S. rate expectations, is the strongest it has been in over a year against many major rivals, including the euro and ye…
Read full article at The Globe and Mail ↗
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Jun 24, 2026