We think intervening to devalue the dollar would be folly. In the end, the result would be upward pressure on prices, reduced demand and, ultimately, a slowing economy. … READ MORE >
currency intervention
As the U.S. dollar surges, the potential for a currency crisis grows
As central bankers and fiscal authorities seek to balance growth, inflation and financial stability, there is a growing possibility that we are walking into another financial crisis. … READ MORE >
Japan intervenes in the currency market
With the yen in freefall, Japan on Thursday took the unusual step of intervening in currency markets to prop up its value. … READ MORE >
Are we entering an era of central bank intervention in currency markets?
Central banks may be reconsidering their long-held reluctance to intervene in currency markets, notably the Japanese yen. … READ MORE >