3 ms·
It just says that "according to a report in CNBC" in 2019 the BoE, the Fed and ECB were engaged in currency war. It provides zero evidence to back this asserti
by lottin 5y ago
It just says that "according to a report in CNBC" in 2019 the BoE, the Fed and ECB were engaged in currency war. It provides zero evidence to back this assertion. At that time, the inflation rate in each and every of these regions, was below 2%, and fell further in 2020 [1]. This is not an example of a country weakening its currency.
[1] https://data.oecd.org/price/inflation-cpi.htm https://data.oecd.org/price/inflation-cpi.htm