CBA: The US dollar will continue to benefit from the slowdown in global economic growth

According to Jinshi News, Joe Capros, head of the International Economics Department at the Commonwealth Bank of Australia (CBA), stated that the dollar index remains stable above 98, and the dollar is expected to continue benefiting from the slowdown in global economic growth.

He pointed out that the global economy needs to adapt to the reduction in energy supply, and interest rate hikes will help align demand with supply.