The last couple of recessions have placed a ton of deflationary pressure on the USD, and the fed has reacted to maintain a small positive inflation by both lowe

The last couple of recessions have placed a ton of deflationary pressure on the USD, and the fed has reacted to maintain a small positive inflation by both lowering interest rates and QE. Now that inflation is rising and the economy is also at nearly full employment, its pretty straightforward for them to raise interest rates to rein in inflation.