A 10-percent rise in dollar cuts U.S. GDP by 0.5 percent: New York Fed

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A 10-percent rise in dollar cuts U.S. GDP by 0.5 percent: New York Fed

A 10-percent rise in dollar cuts U.S. GDP by 0.5 percent: New York Fed
NEW York (Reuters) - A 10 percent increase in the dollar in a quarter would reduce U.S. eco**mic growth by half a percentage point over a year and by a**ther 0.2 point the following year, according to a New York Federal Reserve blog post on Friday.

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