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White House Bernstein says China wants the USD to weaken as international reserve currency

White House Bernstein says China wants the USD to weaken as international reserve currency
Jared Bernstein is a member of the White House Council of Economic Advisers. He was speaking before a US Senate Banking Committee hearing:said there was "some evidence" that China wants the dollar to weaken as the international reserve currencyurged Congress to raise the U.S. debt ceiling to protect the dollarsaid there is a "very solid benefit" of having the world's reserve currency, but also the costs, including the ability of China and other countries to manage their currencies to have a trad... Read More
Posted: Apr 18 2023, 23:31
Author Name: forexlive
Views: 082025

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