I think the reason that the U. S. would not want to be seen to be backing off from the strong-dollar policy is that it gives the markets the license to sell the dollar. And I think that obviously if we see a weakening economy and a weakening currency, that poses all sorts of problems for the administration and for the Fed.
Quotes about strong-dollar (3 Quotes)
no change in the strong-dollar policy.
Lindsey will assure the strong-dollar policy is intact, even if O'Neill from a business standpoint at Alcoa knows the benefits of a weak dollar.