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r/IRstudies r/balkans_irl r/EU_Economics r/trashfuturepod r/theology r/EuropeanFederalists
US threw the euro under the bus - When the Federal Reserve sold euros to buy yen, they did not notify the European Central Bank. The ECB learned of it only after the trade had closed; by that point, the damage and risk were done, and the euro underwent a four per cent devaluation
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US threw the euro under the bus - When the Federal Reserve sold euros to buy yen, they did not notify the European Central Bank. The ECB learned of it only after the trade had closed; by that point, the damage and risk were done, and the euro underwent a four per cent devaluation

euperspectives.eu
u/Property_Finance — 6 days ago