Posts Tagged
William C. Dudely
Dollar Suffers Worst Day in 7 Years as Traders Face Fed Reality
©2016 Bloomberg News O1ZSAS6KLVRD (Bloomberg) — The dollar plunged by the most since the Federal Reserve announced the start of its Treasury bond-buying program seven years ago, as signs of a slowing U.S. economy helped derail bets on diverging policies between global central banks. The U.S. currency sank at least