There is a problem with currency depreciation, however: It is a zero-sum game. Whereas lowering interest rates can be done simultaneously to everyone’s benefit, getting your currency to fall has only ...
Some 53 percent of Americans now say they don’t much like free trade, compared with 32 percent a decade ago. In part that is due to unhappiness with the jobs situation. Today’s jobs report might have ...
Brazil’s finance minister, Guido Mantega, touched a raw nerve when he stated in late September that an international currency war had broken out. It may seem like a war to Brazil, which has seen its ...
With the world on the verge of a currency war, the need for macroeconomic policy coordination among the world’s major industrialized economies has never been more urgent. Yet the IMF, the organization ...
Jan 23 (Reuters) - You might want to learn to stop worrying and love currency wars, which are here to stay and, for investors, might not be all that bad. Sign up here. A host of central bankers and ...
In currency wars, where some countries pursue policies deliberately aimed at cheapening their currencies, there are generally winners and losers. Judging by recent currency movements, Europe is the ...
Will the mandarins at Beijing weaponize its renminbi in response to President Trump’s tariff threats? That’s the poser from the Times, which reports that “a currency war” could be started by Communist ...
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