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Tag: Circumstances

U.S. budget deficit shrank to $1.37 trillion in fiscal 2022 as receipts surged

U.S. Treasury says currency-market intervention should be reserved for ‘very exceptional circumstances’ in response to Japan’s September move

By adminPosted on November 10, 2022

The U.S. Treasury Department on Thursday said it expects currency-market interventions, like Japan’s in September, should be reserved for exceptional circumstances, as it kept Tokyo on a list of partners Read more

Breadth divergence is a troubling sign for the stock market

Yellen: Forex Intervention Warranted Only in Rare Circumstances

By adminPosted on July 12, 2022

By Andrew Duehren TOKYO–Treasury Secretary Janet Yellen expressed reluctance to intervene to support the yen after the Japanese currency’s recent fall. Ms. Yellen, speaking in Tokyo on Tuesday after meeting Read more

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