Trump adviser says currency intervention off the table; Trump less clear
By Makini Brice and Steve Holland WASHINGTON (Reuters) - The Trump administration has "ruled out" intervening in markets to lower the U.S. dollar's value, even though President Donald Trump is concerned other countries are weakening their currencies to gain a trade advantage, a top White House adviser said on Friday. "Just in the past week, we had a meeting with the president and the economic principals and we had ruled out any currency intervention," White House economic adviser Larry Kudlow told CNBC.
The post Trump adviser says currency intervention off the table; Trump less clear appeared first on Firstpost.
from Firstpost https://ift.tt/2ZnTyXj
via IFTTT