The U.S. Federal Reserve Bank’s monetary policy could be a boon to U.S. airlines, but it could prove to be a drag if oil prices, denominated in dollars, continue to rise, economists say. The Fed is keeping interest rates at almost historic lows in order to prevent a relapse of the recession. A side result is the fall in the value of the dollar relative to other currencies. The dollar last week hit a 14-month low against a basket of international currencies. “The health of the domestic ...
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