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“Currency wars” not central banks’ end-game

“Currency wars” not central banks’ end-game | Speevr

Not a day passes without the media and US President Trump pointing the finger at “currency wars” and “competitive devaluations”. The thrust of the argument is that central banks across the world, in a “race to the bottom”, are cutting policy rates and in the case of the ECB resuming QE, in order to weaken […]