Stronger dollar leads to higher U.S. prices, impacting consumer wallets
The article examines how a stronger U.S. dollar affects prices in the country. The researchers looked at data from 1985 to 2014 to predict how the dollar's rise will impact import and export prices, as well as consumer prices in the short term and over two years. They found that the dollar's recent surge could lead to changes in prices for goods coming into and leaving the U.S., which could ultimately affect what consumers pay for products.