The U.S. dollar on Friday briefly touched its highest levels in nine months as the spread of the coronavirus delta variant contributed to unease over the global economic growth outlook.
The U.S. Dollar Index
DXY,
In an interview with Fox Business Network on Friday, Federal Reserve Bank of Dallas President Robert Kaplan said the delta variant has caused him to have an open mind about the path of monetary policy. He called the delta variant “the big imponderable” in the outlook.
“It is in all of our interest to slow the spread, and right now we’re in a negative trend,” he said.