Economist criticises US Treasury Secretary’s market interventions
Stephen Roach has criticised Scott Bessent for pursuing ineffective currency and bond market interventions.
An economist has taken aim at the US Treasury Secretary's approach to managing financial markets. The criticism focuses on interventions in currency and bond markets that the economist views as ineffective.
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interest.co.nz
Don't mess with markets
Stephen Roach takes US Treasury Secretary Scott Bessent to task for pursuing ineffective currency and bond market interventions