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Bessent Discusses Yen Intervention and Fed Backstop

Former Treasury official Bessent indicated readiness for a repeat of joint yen intervention and advocated for a larger Federal Reserve backstop, signaling concerns about currency stability.

3 Aug, 00:40 — 3 Aug, 00:40
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YahooMostly Factual8d ago

Bessent ready to repeat joint yen intervention, urges bigger Fed backstop

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