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Dollar slumps lessening impact on U S consumers say economists
Economists predict negligible immediate effects for most Americans from a weaker dollar. They note higher travel and gold jewelry costs for some, while foreign visitors increasingly flock to the United States as prices abroad rise. Central bankers show no rush to tighten or devalue.
MENTIONED IN THIS ARTICLE
New York
Milton Friedman
University of Chicago
Germany
France
American Express
Europe
America
James W. Thompson
United States
Thompson
Friedman