US Dollar Extends Losses as Fed Minutes Flag Recession Risks amid Banking Sector Turmoil

April 12, 2023 at 07:50PM Minutes from the Fed’s March meeting indicate that the banking sector turmoil that erupted last month could lead to tighter lending standards and pave the way for a recession later this year.

US Dollar Extends Losses as Fed Minutes Flag Recession Risks amid Banking Sector Turmoil