Dollar could plausibly lose its global dominance
Trump’s questioning of the Fed has placed a question mark over the global status of the dollar
You must be signed in to read this analysis
In this article
- Federal Reserve Act
- Seize the reserves
- One option
- A second option
- Frozen balances
- US dollar
- Numeraire currency
What is this?
This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.
_350.jpg "A police officer keeps watch in front of the US Federal Reserve building in Washington, DC (Reuters/Kevin Lamarque)")