Why the Dollar Is Having Its Worst Year Since 2008, and What It Means For You

KEY TAKEAWAYS -The U.S. dollar has declined more than 4% since the start of the year, its biggest drop over this period since 2008. -Increasing recession risks have put interest rate cuts back on the table this year; interest rates are one of the primary drivers of the U.S. dollar's value. -A weaker dollar threatens to increase the cost of tariffs for consumers and businesses; it could also stimulate the economy by making U.S. goods and services less expensive for the rest of the world. -The U.S. dollar is having its worst start to a year since 2008 amid growing...