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Dollar near one-month low on bets for later Fed taper

A picture illustration shows U.S. 100-dollar bank notes taken in Tokyo August 2, 2011. REUTERS/Yuriko Nakao/File Photo TOKYO, Sept 6 (Reuters) – The dollar languished near a one-month low versus major peers on Monday, as investors pushed back expectations for when the Federal Reserve will begin tapering its massive stimulus. The dollar index , which […]

The Triffin Paradox’s shadow on emerging economies

As the last instalment of this column observed (‘The dangers of continuing with unconventional policies’, 20 August), there is a rising drumbeat of debate over the unwinding of America’s unconventional monetary policy—in particular, large-scale asset purchases, often called quantitative easing (QE)—as well as the eventual normalization of its policy interest rate to above the near-zero […]

SNAP program doubles food stamp dollars at farmers markets

The Double Up Food Bucks program just celebrated its fifth year in Arizona. For years, the program has offered families on food stamps the chance to turn $20 into $40 worth of fresh produce. However, during the pandemic, the cap was lifted at farmers markets. “The dollar-for-dollar match is great for customers because it allows […]