Yellen Faces 'Currency War' Redux as Strong Dollar Ditched
Yellen Faces ‘Currency War’ Redux as Strong Dollar Ditched Bloomberg 1/29/2021 Saleha Mohsin and Liz Capo McCormick (Bloomberg) -- Treasury Secretary Janet Yellen faces one more headache on an agenda packed with everything from Covid-19 relief to addressing inequality and overhauling tax policy: tensions over foreign-exchange intervention. Popular Searches The dollar has tumbled 13.1% from its high last March, thanks in part to historic moves by the Federal Reserve to pump liquidity into the financial system and pull down American borrowing costs. While policy makers abr...
Source: msn.com