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EDITORIAL: Weak dollar hits family budgets
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TradingMarkets
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May 12, 2008
But one of the biggest reasons for the pain at the pump can be found in your wallet. A weak U.S. dollar increases the cost of oil and other imports for American consumers. For months, the Fed had aggressively slashed interest rates to stimulate the U.S. economy. But that came at a cost. Lower intere...
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