Published on Monday, September 23, 2019
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.