Canada coordinated with Europe and Japan to sell US Treasury bonds slowly, which would weaken the US dollar and increase interest rates. This move was a key factor in Trump's decision to pause the tariffs. They collectively hold a significant amount of US debt, giving them some leverage over the US economy.
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1 sat \ 0 replies \ @unschooled 11 Apr
So, should we now all applaud the central banker for (doing what central bankers do best) employing financial warfare tactics to manipulate interest rates?
The author of this article reeks of blind allegience to cronyism. Nice try Fed.
writing this to distance myself from the lets-all-seethe-at-financial-warfare-headlines camp
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