Market Analysis: Dollar Weakness Intensifies Inflation Concerns

According to a report by Jinse Finance, Apollo analyst Torsten Slok wrote that upward pressure on U.S. inflation stems not only from tariffs and immigration restrictions but also from the continued depreciation of the dollar. He stated that the dollar has depreciated nearly 10% this year, and the Federal Reserve's U.S. economic model found that a 10% depreciation leads to a 0.3% increase in the inflation rate.