qaz@lemmy.world to News@lemmy.worldEnglish · edit-22 months agoDollar drops after Trump fires Fed's Cookwww.reuters.comexternal-linkmessage-square11linkfedilinkarrow-up167arrow-down10file-textcross-posted to: world@quokk.auworldnews@lemmy.mlglobalnews@lemmy.zippolitics@lemmy.world
arrow-up167arrow-down1external-linkDollar drops after Trump fires Fed's Cookwww.reuters.comqaz@lemmy.world to News@lemmy.worldEnglish · edit-22 months agomessage-square11linkfedilinkfile-textcross-posted to: world@quokk.auworldnews@lemmy.mlglobalnews@lemmy.zippolitics@lemmy.world
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-22 months 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?