Kashkari: Dollar falling adds to case investor preferences shifting from US
ReutersApr 11, 2025 12:20 PM
WASHINGTON, April 11 (Reuters) - The fact that the dollar has been depreciating adds to the case that global investor preferences may be shifting away from the U.S., Minneapolis Fed President Neel Kashkari said on Friday.
"There is a lot of complexity...The dollar has been weakening...Normally I would expect the dollar to go up" following the imposition of tariffs, Kashkari said on CNBC. "That lends more credibility to investor preferences shifting."
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