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To: NickSE who wrote (44346)6/1/1999 5:22:00 PM
From: NickSE  Respond to of 86076
 
SOURCES: US DOLLAR'S RISE MAY HAVE PEAKED; NO BIG DROP SEEN
economeister.com

...The dollar's climb has been an important anti-inflationary influence for the United States in recent years, depressing import prices and making it difficult for American firms to raise prices. It has been one of the forces enabling the Fed to reduce interest rates in response to international crisis last fall and to, so far, resist raising rates...