Business & Finance
US Policies Reignite Debate Over ‘Sell America’ Trade Strategy
Key Points
US Policies Reignite Debate Over ‘Sell America’ Trade Strategy Global bond and currency investors are debating if it’s time to dust off last year’s ‘Sell America’ trade after a flurry of economic-policy decisions out of Washington over the past two weeks. First, Federal Reserve Chair Kevin Warsh’s preference for sparse communication cast doubt on the central bank’s commitment to fighting inflation, especially since an unusually high number of officials were in favor of an immediate...
US Policies Reignite Debate Over ‘Sell America’ Trade Strategy
Global bond and currency investors are debating if it’s time to dust off last year’s ‘Sell America’ trade after a flurry of economic-policy decisions out of Washington over the past two weeks.
First, Federal Reserve Chair Kevin Warsh’s preference for sparse communication cast doubt on the central bank’s commitment to fighting inflation, especially since an unusually high number of officials were in favor of an immediate interest-rate hike.