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BRICS: Fed Chair Says US Dollar is on 'Unsustainable' Path - Watcher Guru

Retrieved on: 2024-02-07 18:01:40

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BRICS: Fed Chair Says US Dollar is on 'Unsustainable' Path - Watcher Guru. View article details on HISWAI: https://watcher.guru/news/brics-fed-chair-says-us-dollar-is-on-unsustainable-path

Summary

Amid aggressive monetary tightening by the US Federal Reserve, Chair Jerome Powell has flagged the US Dollar's status and national debt as unsustainable. This concern coincides with BRICS countries' dedollarization efforts and the rise of digital assets, challenging the dollar's dominance.

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