The role of the Federal Reserve has transformed in the past decade, as it has deployed trillions of dollars to boost the U.S. economy while expanding its regulatory oversight of the nation’s financial system.
The Treasury's April foreign exchange report should be interesting.
Thailand hasn't been included in past foreign exchange reports. Yet it is likely to meet all three of the criteria set out in the Bennet Amendment for a finding of "manipulation."
Miguel Diaz-Canel, set to replace Raul Castro as president of Cuba after sixty years of Castro rule, will be faced with the challenges of implementing economic reform and sidestepping regional isolation.