Will we see EUR/USD parity in 2017?

in #economics7 years ago

The answer is yes. Why?

Several factors like: 

The US Economy is much stronger than before, and EU has nearly no inflation at the time.

Also the Fed is raising the interest rate from zero to 0,25 percent, Yellen is saying Trumps program is not necessary for economic growth.

Is parity bad for Europe ?

I would say no, if we want to export cheap and a lot.


Sort:  

The Committee decided to raise the target range for the federal funds rate to 1/2 to 3/4 percent.

https://www.federalreserve.gov/newsevents/press/monetary/20161214a.htm

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