US Dollar Trades Near 40-Year High on Fed’s Real Broad Dollar Index

The assessment relies entirely on the single authoritative and relevant source provided: the Federal Reserve Board's official data release (H.10). The other five sources are completely irrelevant, as they discuss different types of 'broad indexes' related to the stock market, ESG funds, or other non-economic topics, and therefore provide no evidence for or against the statement.The Federal Reserve's data is the definitive primary source for the Real Broad Dollar Index. An analysis of this data shows that the index reached a peak in late 2022 of approximately 121. While this is not the absolute highest level in the last 40 years (the index was higher in 1985, reaching over 128), it is the highest level reached in over 20 years and represents the second-highest peak within the 40-year timeframe. The statement's use of the phrase "at or near" is a crucial qualifier that makes it accurate. The recent values are not 'at' the absolute peak but are demonstrably 'near' it, being one of the highest points in the last four decades. Therefore, the direct evidence from the most credible source strongly supports the statement.