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Bond Rout Shows Risk of Uneven Recovery in World's Top Economies

different national currencies pinned on a wall
March 11, 2021

Eswar Prasad, SAP

“The U.S. is likely to push back against other countries’ intervention in foreign exchange markets to weaken their currencies, despite other major advanced economies being in worse economic straits,” says Eswar Prasad, professor of applied economics and policy.

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