Re-cap on the yuan devaluation (or should that be a pre-cap?) - ConsultFX

Re-cap on the yuan devaluation (or should that be a pre-cap?)

This from the Wall Street Journal on the likely response in the onshore yuan (and the People's Bank of China setting of it): yesterday - (may be gated) "If the U.S. goes ahead with tariffs, China would need to consider some of the more aggressive options," said Brad Setser, a senior fellow at the Council on