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US weak dollar policy: In future the Fed will play the key role not politicians!

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  • Josef Braml
  • Claudia Schmucker

Abstract

In the opinion of Josef Braml and Claudia Schmucker, the German Council on Foreign Relations (DGAP), Berlin, in light of the looming political gridlock in the US, more attention should be directed towards the organisational power of the Federal Reserve. The Fed continues to try to revive the economy with injections of liquidity. The success or failure of this action will influence the 2012 presidential elections and also have a strong influence on economic growth in Europe and in the newly industrialised countries.

Suggested Citation

  • Josef Braml & Claudia Schmucker, 2010. "US weak dollar policy: In future the Fed will play the key role not politicians!," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 63(24), pages 14-17, December.
    • Handle: RePEc:ces:ifosdt:v:63:y:2010:i:24:p:14-17
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