Start with 1000$. Increase by 3% every day. After one year 2 213 314$
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Are the Dollar’s Post FOMC Gains Sustainable?
Investors drove the U.S. dollar sharply higher on Wednesday after the Federal Reserve signaled an earlier interest rate hike. Thirteen out of eighteen policymakers now see as many as two rate hikes by the end of 2023. In March, only seven members saw a move in 2023 with the majority looking for rates to remain unchanged into 2024. This dramatic shift in expectations was motivated by stronger than expected growth and inflation. The improvements in the U.S. economy have clearly convinced policymakers that “inflation could turn out to be higher and more persistent than we expect,” according to Federal Reserve ... (full story)