Published on Monday, September 23, 2019
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Being a fan of the US central bank may not be strictly necessary, but closely following its monetary policy certainly is.
- Key points:
- The US may no longer boast the world's largest economy, but it is the country that issues the dollar — the global currency for reserves (accounting for around two-thirds of central bank reserves globally).
- It is still the principal benchmark for international trade and financial asset issues around the world.
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- Central Banks