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Donald Trump’s pressure on countries around the world to stay anchored to a US-dollar-based financial system is a tactic that risks backfiring, market watchers say. Dollar dominance looks set to continue for the foreseeable future and emerging nations’ idea of setting up their own single currency is “hot air,” said Mark Sobel, a retired 40-year veteran of ...
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post: #ECB 'S LANE: MONETARY POLICY REMAINS RESTRICTIVE: FT PODCAST - BBG *ECB'S LANE: INFLATION TO BE SUSTAINABLY AT 2% IN COURSE OF '25 *ECB'S KAZAKS: IN MY VIEW INTEREST RATE REDUCTIONS MUST CONTINUE - BBG
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