The Federal Reserve's June 2025 Monetary Policy Report said the broad dollar index had declined as U.S. trade-policy changes reportedly prompted investors to reassess relative U.S. growth prospects. Depreciation extended across advanced and emerging-market currencies; the report also said the index remained elevated in real terms against its historical average.
Federal Reserve links dollar decline to reassessment of U.S. growth after trade-policy changes
Back to results- Date
- 2025-06-20
- Evidence status
- documented
- Current status
- Published assessment covering exchange-rate data through June 13, 2025
The ledger
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