IMF's Rogoff – dollar decline a good thing
Ken Rogoff welcomed the fall in the dollar on Thursday saying it is good for the world economy but may pose problems for Germany with deflation.
Source: Reuters
International Monetary Fund chief economist Kenneth Rogoff said on Thursday the dollar's fall against other currencies is good for the world economy even though it heightens the risk of deflation in Germany.
A rate cut by the European Central Bank might ease the pressure of the stronger euro, he added.
"To the extent there has been a
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