December 26, 2004 08:26 AM
Bush Vows To Maintain 'Strong' Dollar
Excerpt: President Bush vowed Wednesday to maintain the so-called "strong dollar" policy even as the U.S. currency was hovering near record lows against the euro.
President Bush vowed Wednesday to maintain the so-called "strong dollar" policy even as the U.S. currency was hovering near record lows against the euro.
"The policy of my government is a strong-dollar policy," Bush told reporters in the Oval Office after a meeting with Italian Prime Minister Silvio Berlusconi.
Berlusconi had asked Bush during their meeting about the declining value of the dollar against the euro, which makes it more difficult for European manufacturers to export their goods to the U.S.
"We believe that the markets should make the decision about the relationship between the dollar and the euro," Bush said.
The dollar had little immediate reaction to the comments, but foreign-exchange analysts were skeptical of the Bush administration's commitment to a "strong" greenback in light of the president's call to let the "market" determine currency values.
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Oil Climbs Above $51 a Barrel on Concerns About Supplies - Aug 08, 2006
Greenspan Says Entitlement Programs Need Reform - Feb 18, 2005
U.S. Trade Deficit Exceeds a Record $600 Billion - Feb 13, 2005
Long-Term Rates Down Since June - Feb 07, 2005
Trim Deficit? Only if Bush Uses Magic - Feb 07, 2005
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Greenspan Says Trade Gap May Narrow - Feb 06, 2005
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Economy Slowed in 4th Quarter, U.S. Report Says - Jan 31, 2005
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Oil Price Impact: Worse Than Feared? - Jan 23, 2005
The Effect of Rising Rates - Jan 17, 2005
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Faster Rate Increases Coming? - Jan 04, 2005
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Fed Intends to Persist With Rate Increases - Jan 04, 2005
U.S. Economy Expected To Perform Well in 2005 - Jan 03, 2005
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Dollar Hits New Low Versus Euro - Dec 23, 2004
Leave No Truffle Behind? - Dec 23, 2004
Social Security Tax Limit May Go Up - Dec 20, 2004
U.S. Quiet on China Trade Tax - Dec 17, 2004
Fed Raises Interest Rates for 5th Time This Year - Dec 17, 2004
OPEC Considers Output Cut to Keep Prices From Falling - Dec 09, 2004
A Plan For U.S. Energy Security? - Dec 08, 2004
Fed Heading For A Pause - Dec 07, 2004
Social Security Reform = New Debt - Dec 06, 2004
Fed Sees Growth, Measured Rate Hikes - Dec 05, 2004
Weak Employment Rport Casts Doubts Over US Economic Strength - Dec 05, 2004
Fed: Inflation Not Setting Off Alarms - Dec 05, 2004
Balancing Act On The Buck - Dec 04, 2004
Job Growth Is Well Below Wall Street Forecasts - Dec 03, 2004
Fed Reports Growth In 11 Of 12 Regions - Dec 02, 2004
Inflation Under Control, Fed Gov. Says - Dec 02, 2004
Global Forecasts for 2005 Growth Are Reduced - Nov 30, 2004
Borrowing For Social Security Plan? - Nov 28, 2004
No Longer Top Dollar? - Nov 26, 2004
Don't Worry ... Don't Be Happy - Nov 26, 2004
Is Another Recession Brewing? - Nov 25, 2004
Inflation Is Tame, Right? - Nov 24, 2004
The Dollar Is Down, But Should Anyone Care? - Nov 21, 2004
Bush Sets Plans To Revamp Taxes, Social Security - Nov 04, 2004
Oil Prices Rise Amid Concern Over Weather and Supplies - Aug 17, 2006
Prices Rise Only Slightly, Easing Fears About Inflation - Aug 14, 2006
Oil Climbs Above $51 a Barrel on Concerns About Supplies - Aug 08, 2006
Greenspan Says Entitlement Programs Need Reform - Feb 18, 2005
U.S. Trade Deficit Exceeds a Record $600 Billion - Feb 13, 2005
Long-Term Rates Down Since June - Feb 07, 2005
Trim Deficit? Only if Bush Uses Magic - Feb 07, 2005
China: No Yuan Timetable - Feb 06, 2005
Greenspan Says Trade Gap May Narrow - Feb 06, 2005
Greenspan Sees U.S. Trade Gap Stabilizing and Possibly Falling - Feb 06, 2005
If Yuan Moves, Will U.S. Rates Go Up? - Feb 04, 2005
Greenspan Sees Weak Dollar Easing Current-Account Gap - Feb 04, 2005
Economy Slowed in 4th Quarter, U.S. Report Says - Jan 31, 2005
Economy Slowed in 4th Quarter, U.S. Report Says - Jan 31, 2005
Federal Reserve Is Expected to Continue Raising Rates - Jan 31, 2005
Deficits May Be Wearing Thin at the Fed - Jan 25, 2005
U.S. Faces More Tensions Abroad as Dollar Slides - Jan 25, 2005
Oil Price Impact: Worse Than Feared? - Jan 23, 2005
The Effect of Rising Rates - Jan 17, 2005
A Chinese Revaluation May Not Help U.S. - Jan 15, 2005
For Unemployed, Wait for New Work Grows Longer - Jan 09, 2005
Behind the Bouncing Ball of Oil Prices - Jan 09, 2005
Jobs Picture Shows Some Signs of Life - Jan 08, 2005
Faster Rate Increases Coming? - Jan 04, 2005
Fed Minutes: Inflation Subdued, But... - Jan 04, 2005
China Pledges To Work On Yuan Reform - Jan 04, 2005
Fed Intends to Persist With Rate Increases - Jan 04, 2005
U.S. Economy Expected To Perform Well in 2005 - Jan 03, 2005
Women Are Gaining Ground on the Wage Front - Jan 01, 2005
Dollar Hits New Low Versus Euro - Dec 23, 2004
Leave No Truffle Behind? - Dec 23, 2004
Social Security Tax Limit May Go Up - Dec 20, 2004
U.S. Quiet on China Trade Tax - Dec 17, 2004
Fed Raises Interest Rates for 5th Time This Year - Dec 17, 2004
OPEC Considers Output Cut to Keep Prices From Falling - Dec 09, 2004
A Plan For U.S. Energy Security? - Dec 08, 2004
Fed Heading For A Pause - Dec 07, 2004
Social Security Reform = New Debt - Dec 06, 2004
Fed Sees Growth, Measured Rate Hikes - Dec 05, 2004
Weak Employment Rport Casts Doubts Over US Economic Strength - Dec 05, 2004
Fed: Inflation Not Setting Off Alarms - Dec 05, 2004
Balancing Act On The Buck - Dec 04, 2004
Job Growth Is Well Below Wall Street Forecasts - Dec 03, 2004
Fed Reports Growth In 11 Of 12 Regions - Dec 02, 2004
Inflation Under Control, Fed Gov. Says - Dec 02, 2004
Global Forecasts for 2005 Growth Are Reduced - Nov 30, 2004
Borrowing For Social Security Plan? - Nov 28, 2004
No Longer Top Dollar? - Nov 26, 2004
Don't Worry ... Don't Be Happy - Nov 26, 2004
Is Another Recession Brewing? - Nov 25, 2004
Inflation Is Tame, Right? - Nov 24, 2004
The Dollar Is Down, But Should Anyone Care? - Nov 21, 2004
Bush Sets Plans To Revamp Taxes, Social Security - Nov 04, 2004
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