Reported about 14 hours ago
Global policymakers were relieved during the IMF and World Bank Spring Meetings as Donald Trump reassured his support for the Federal Reserve and the IMF, alleviating fears of a collapse in the U.S.-led economic order. Despite previous threats against Fed Chair Jerome Powell, discussions revealed that an alternative financial hegemon is not ready to take the place of the U.S. dollar, underscoring the importance of U.S. leadership in international finance.
Source: YAHOO