A recent article in the "Foreign Exchange" column of The Wall Street Journal contained the
following headline: "Dollar Rally Seen Unlikely Due to Fears U.S. Inﬂation is Picking Up Momentum".
What is the relationship between the value of the dollar (relative to foreign currencies) and the rate
of inﬂation in the United States?

Question

Quizplus · Accepted Answer

The Answer of A recent article in the "Foreign Exchange" column of The Wall Street Journal contained the
following headline: "Dollar Rally Seen Unlikely Due to Fears U.S. Inﬂation is Picking Up Momentum".
What is the relationship between the value of the dollar (relative to foreign currencies) and the rate
of inﬂation in the United States?

A Recent Article in the "Foreign Exchange" Column of the Wall