Reported 2 days ago
As concerns grow over the Trump administration's policies, some European central banking officials are exploring whether they can continue to rely on the U.S. Federal Reserve for dollar funding during market stresses. While speculation exists around the Fed potentially suspending its backstops, most officials still believe the Fed will honor its commitments. Despite informal discussions about options, the prevailing view is that there remains no strong alternative to the Fed's support, highlighting the crucial role of the U.S. dollar in global financial stability.
Source: YAHOO