Why Is Bessent Propping Up the Yen? Call it ‘Enlightened Self Interest’
Here are the implications for U.S. investors as the Treasury takes an unusual step of wading into Japan’s currency market.
Here are the implications for U.S. investors as the Treasury takes an unusual step of wading into Japan’s currency market.
Warsh’s battle for price stability and against the Fed’s balance sheet are creating a reaction in currency markets.
U.S.-Iran peace draft, dollar strength, falling oil, Warsh’s debut, and other headlines are moving stocks this morning.