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Federal ReserveFinancial Times |
Stabilising the finances of another country is a foreign policy decision as well as an economic one
The outgoing chair has made some mistakes, but his decision to stand up to Trump was heroic
Most of the culpability rests with the Fed and the Biden government but voters will hold the president accountable
The Treasury secretary wants to use swap lines to lock in dollar supremacy
This is starting to look like a central bank appeasing its political masters
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