Bessent Cools Yen Intervention Speculation, Touts Strong Dollar
Treasury Secretary Scott Bessent cooled speculation that the US may be considering intervening in the foreign-exchange market to sell the dollar for Japanese yen, and touted the long-standing “strong-dollar policy.”
By Daniel Flatley · Bloomberg Markets
Treasury Secretary Scott Bessent cooled speculation that the US may be considering intervening in the foreign-exchange market to sell the dollar for Japanese yen, and touted the long-standing “strong-dollar policy.”