Macro Finance
ECB’s Nagel Scolds US for Blindsiding EU on Yen Interventions
Bloomberg Markets·September 1, 2026·1 min read
Bundesbank President Joachim Nagel criticized the US for selling euros to support the Japanese yen without consulting European partners. The move blindsided the EU, Nagel said, urging greater coordination among major central banks on currency interventions to avoid market disruptions and policy conflicts.
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