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Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States
Global economic growth in 2023 was stronger than many had forecast and projections for 2024 have been revised up. The IMF estimates global growth was 3.2% in 2023, outperforming its own projection of 2.9% as of April 2023 (measured on a Q4 over Q4 basis). The upward revision was in large part due to stronger than projected growth in the United States; in April 2023 the IMF projected U.S. growth in 2023 to be 1.0 percent while it came in at a robust 3.1 percent (Q4 over Q4 basis). Many emerging market and developing economies have fared better than expected thanks in part to improved terms of trade for some, proactive ... (full story)
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US TREASURY ADDS JAPAN TO FOREIGN EXCHANGE MONITORING LIST.
— FinancialJuice (@financialjuice) June 20, 2024
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MORE US TSY SEMIANNUAL FX RPT: CANNOT CURRENTLY ASSESS ANOMALIES IN CHINA'S FX DATA; FALL IN INVESTMENT ONCOME 'UNEXPECTED' #USFXrpt #China #exchange_rates #USTreasury
— Mace News (@MaceNewsMacro) June 20, 2024
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TREASURY: JAPAN INTERVENED IN CURRENCY MARKET IN APRIL AND MAY 2024 TO BUY YEN, SELL DOLLARS, STRENGTHENING YEN'S VALUE
— First Squawk (@FirstSquawk) June 20, 2024