The Federal Reserve and the U.S. Treasury decided to not intervene today in the foreign exchange markets.
November 14, 2024NEW YORK—The Federal Reserve and U.S. Treasury did not intervene in foreign exchange markets during the July – September 2024 quarter, the Federal Reserve Bank of New York said today in its quarterly report to the U.S. Congress. The U.S. dollar, as measured by the Federal Reserve Board’s broad trade-weighted dollar index, depreciated … Continue reading The Federal Reserve and the U.S. Treasury decided to not intervene today in the foreign exchange markets.