Reported 3 days ago
European central banking officials are expressing concerns about their reliance on the U.S. Federal Reserve for dollar funding during financial stress, particularly due to uncertainties stemming from the Trump administration's policies. While discussions have revealed a low likelihood that the Fed would retract its funding, the officials are considering alternatives and are concerned about potential pressures that might affect the Fed's independence. The situation reflects rising apprehension regarding the stability of international financial cooperation.
Source: YAHOO