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    • Japan is wrong to try to prop up the yen

      Japan is wrong to try to prop up the yen

      The Economist· 4 days ago

      In 2022 Japan spent more than $60bn of its foreign-exchange reserves defending the yen, its first intervention to strengthen the currency in nearly a...

    • The Perils of the Fed’s Vast Bond Holdings

      The Perils of the Fed’s Vast Bond Holdings

      New York Times· 1 day ago

      The Federal Reserve is shedding assets at a glacial pace, exposing the financial system to continuing risks, our columnist says. The Federal Reserve is...