China’s central bank urges less reliance on the dollar
Six foreign banks adopt its cross-border payment system as an alternative to SWIFT
US policy instability and Trump’s trade tactics raise global concern
ECB chief Lagarde questions future dollar dominance
Trump's tariffs, trade disruption, and weakening multilateral norms are shaking trust in US leadership
Inflation forecasts rise, growth outlook falls
The Fed holds rates steady amid tariff-related uncertainty
China’s currency isn’t ready to lead:
• Tight capital controls
• Limited global circulation
• Pegged to the dollar
The global system may move towards currency multipolarity—but at the cost of stability and lower efficiency