Romeo Full StaffEconomy / Finance

Deepin Moments: Global De-dollarization is Accelerating, 39 Countries to Take Action against the US Dollar


Deepin Moments Premiered Nov 10, 2022 Going into 2022, the Federal Reserve has raised interest rates four times in a row, with three more rate hikes likely to follow. Central banks in developed countries have also generally adopted a strategy of following suit by introducing interest rate hikes. The level of recent interest rate hikes by the Fed and other central banks has exceeded 500 basis points. The global wave of interest rate hikes could lead to a global recession. Given the lag in the transmission of the effects of monetary policy to the real economy, the dampening effect of…

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November 11th, 2022: Statements by Donald J. Trump, 45th President of the United States of America

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