$BTC
Federal Reserve Officials Speak Out: The Economy is Stable! What About the Dollar's Hegemony?
Federal Reserve official Williams has released a significant viewpoint! He stated that recent U.S. economic data has been outstanding, the job market is nearly at full capacity, and the supply and demand for labor is basically balanced. More importantly, he firmly expressed that the process of reducing the Fed's balance sheet is still long, but there’s no need to panic; the reduction won't affect market prices, and the dollar remains firmly seated as the world's reserve currency!
In response to global investors selling U.S. Treasuries, Williams calmly replied, "Don’t rush!" He believes that although there is discussion about capital flight due to trade frictions, the U.S. position as a "safe haven" has no risk in the short term. He even boldly claimed that the U.S. is the "center of the artificial intelligence universe," confidently declaring to the world: the vitality of the U.S. economy is at its peak, and its strength is evident; no one should think they can easily shake it! Where does Williams' confidence in this "defensive battle" concerning the lifeline of the global economy come from? How much longer can the dollar's hegemony last?
