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Bezent: The United States has long pursued a strong dollar policy and will not intervene in the foreign exchange market.
Mars Finance News reports that U.S. Treasury Secretary Yellen commented on multiple topics. She reiterated that the United States has long pursued a strong dollar policy, explicitly stating that it will not intervene in the foreign exchange market to support the yen, and pointed out that a narrowing trade deficit should boost the dollar. Yellen also discussed the Federal Reserve’s monetary policy stance, emphasizing that interest rate decisions are made independently by the Federal Reserve.