Column-US ‘exorbitant privilege’ is alive and well: McGeever | WTVB | 1590 AM · 95.5 FM

Column-US ‘exorbitant privilege’ is alive and well: McGeever | WTVB | 1590 AM · 95.5 FM | The Voice of Branch County You are using an outdated browser. Please upgrade your browser to improve your experience. …

US dollar gains for 2nd day after GDP backs smaller Fed cut

U.S. GDP rises more than expected in Q2U.S. jobless claims fall in latest weekOdds of 50-bp Fed rate cut in September down marginallyU.S. dollar on track for weakest month since November 2023Euro falls to 10-day low after euro zone inflation dataNEW YORK, Aug 29 (Reuters) - The U.S. dollar rose for a second straight session on Thursday after data showed…

U.S. ‘exorbitant privilege’ is alive and well

U.S. Treasuries may not be quite as risk-free as they once were, and the dollar’s stranglehold on global currency reserves may have loosened, but talk of their demise remains extremely premature.Politicians, investors, and even officials at the Kansas City Fed’s Jackson Hole Symposium last week, have debated whether the ballooning U.S. government debt pile is threatening the country’s safe-haven status.But…

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