ECB’s Nagel Criticizes US for Unconsulted Yen Intervention

Bundesbank President Joachim Nagel has publicly criticized Washington for conducting euro sales to support the Japanese yen without consulting European financial partners.

1 Sept, 13:29 — 1 Sept, 13:29

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bloombergHigh13h ago

ECB’s Nagel Slams US for Blindsiding Europe on Yen Interventions

Bundesbank President Joachim Nagel criticized the US for selling euros in a recent effort to support the Japanese yen, without consulting European partners.

By Jana Randow, Mark Schroers and Kamil Kowalcze

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ECB’s Nagel Criticizes US for Unconsulted Yen Intervention

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ECB’s Nagel Slams US for Blindsiding Europe on Yen Interventions

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