qaz@lemmy.world to News@lemmy.worldEnglish · edit-27 days agoDollar drops after Trump fires Fed's Cookwww.reuters.comexternal-linkmessage-square11linkfedilinkarrow-up167arrow-down10file-textcross-posted to: globalnews@lemmy.zip
arrow-up167arrow-down1external-linkDollar drops after Trump fires Fed's Cookwww.reuters.comqaz@lemmy.world to News@lemmy.worldEnglish · edit-27 days agomessage-square11linkfedilinkfile-textcross-posted to: globalnews@lemmy.zip
Gold hits 2-week high as dollar slips after Trump fires Fed’s Cook Trump orders removal of Federal Reserve governor Lisa Cook What Trump’s firing of Fed governor means for central bank’s independence
minus-squareAvid Amoeba@lemmy.calinkfedilinkarrow-up3·edit-27 days agoIsn’t that part of Bessent’s goals? That is lowering of the dollar value to make US exports cheaper, imports more expensive, and thus decrease the trade imbalance?
Isn’t that part of Bessent’s goals? That is lowering of the dollar value to make US exports cheaper, imports more expensive, and thus decrease the trade imbalance?