Expert on Euro Weakening Significantly Against the Dollar

Paul Greaney
By Paul Greaney
April 14, 2022NTD Business

The European Central Bank announced Thursday it won’t tighten monetary policy any faster, despite historically high inflation in the eurozone. The euro has fallen 10 percent against the dollar over the past 12 months—a significant depreciation. NTD asked the chief economist at the Tressis hedge fund, Daniel Lacalle, if the decline is purely down to central bank money printing or credit creation.

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