BBX Logo Beta

--

[Federal Reserve Meeting Minutes Reveal New York Federal Reserve Bank Intervened in Foreign Exchange Market on Behalf of U.S. Treasury] The Federal Reserve meeting minutes disclosed that the New York Federal Reserve Bank had intervened in the foreign exchange market on behalf of the U.S. Treasury. This action was carried out by the New York Federal Reserve Bank to support the U.S. Treasury in maintaining the stability of the U.S. dollar exchange rate and related macroeconomic policy objectives. (Source: Jin10 Data)

Loading...