Janet Yellen and the Fed.
We are now seeing the Federal reserve (the Fed) tackling how to unwind its 4.5 Trillion Dollar position. The challenge is that the Fed had targeted for inflation to be around 2% though as the currency markets priced in risk, it caused the cost of imported goods to drive this value up. Janet Yellen thinks this is a temporary position as her team expects the dollar to strengthen as the economy continues to grow. With that being said, the Fed still plans to continue tightening monetary policy through an additional rate hike for what economists are projecting to be in December.