Dollar Gains as Fed Rate-Cut Rethink Fuels Best Year in Nine
(Bloomberg) -- The US dollar rose Tuesday, capping its strongest yearly advance in nearly a decade as the solid US economy and President-elect Donald Trump’s tax-cut and tariff policies promise to keep interest rates elevated.Most Read from BloombergDetroit’s Michigan Central Is the Building Revival Story of 2024Burned Out Parents Need Better Public SpacesA Commuting Resolution for 2025: Ride Your Local Subway or BusThe gain drove the Bloomberg Dollar Spot Index to the highest since November 202