Effects of ‘Mar-a-Lago accord’ are ‘highly speculative’ – BdF deputy

The second deputy governor of France’s central bank has cast doubt on the viability of any “Mar-a-Lago accord”.

In an article on the Banque de France (BdF) website, published on March 19, Agnès Bénassy-Quéré argues that the policy pivot to devalue the dollar proposed by Stephen Miran in November 2024 would not be successful in the long run.

Miran, who is chair of the Council of Economic Advisors and fellow of economics at the Manhattan Institute, argued that the persistent overvaluation of the US

Copyright Infopro Digital Limited. All rights reserved.

You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.

If you would like to purchase additional rights please email info@centralbanking.com

by :

Source link

Capital Media

Read Previous

European, US shares helped by optimism around tariffs, bond yields rise

Read Next

Rate for : JAPAN