The ruble has appreciated 38% against the US dollar, the most of any currency.

Argentina’s sovereign debt climbed while the peso slipped after the country lifted most of its currency-market restrictions ...

C. Peter McColough Series on International Economics With Tom Barkin Richmond Fed President Tom Barkin discusses U.S. monetary policy and the outlook for inflation and labor markets. The C.

Meanwhile, Fed Governor Kugler said monetary policy is still tight but noted slower progress toward the 2% inflation goal since last summer, calling the recent rise in goods inflation "unhelpful." ...