EXCLUSIVE-EUROPEAN OFFICIALS CONSIDER POOLING DOLLARS TO LESSEN FED RELIANCE AFTER TRUMP SHOCKS
https://media.zenfs.com/en/reuters.com/4150ea68ca75a2b86e3e816517a4dd85
✍️ European financial stability officials are debating whether to create an alternative to Federal Reserve funding backstops by pooling dollars held by non-U.S. central banks.
👉 European financial stability officials are debating whether to create an alternative to Federal Reserve funding backstops 👉 The debate is a reaction to policies under U.S. President Donald Trump 👉 Officials worry the Fed's facilities could be weaponized by the Trump administration 👉 Some officials are considering pooling dollar reserves 👉 Others have expressed concerns about the viability of such a plan
-- #ElisaMartinuzzi #BalazsKoranyi #StefaniaSpezzati #MathieuRosemain #GiuseppeFonte #DonaldTrump #JeromePowell #KushDesai #KazuoUeda #KlaasKnot #Europe #UnitedStates #Asia #MiddleEast #China #HongKong #Japan #Korea #world
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