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Gold rises, Dollar falls: How Trump is accelerating de-Dollarisation? Explained

Zee News (zeenews.india.com) 

India’s gold reserves have surged as the US dollar weakens, with central banks increasingly moving away from the greenback amid Trump-era policies and global geopolitical tensions. The RBI is also proposing to link BRICS digital currencies to ease cross-border trade, signalling a step towards de-dollarisation.

Fed expected to keep rates unchanged as Chair Powell pivots back to economics

«SFGate» (sfgate.com) 

After two weeks of intense political and legal scrutiny, the Federal Reserve will seek to make this week’s meeting about interest rates as straightforward and uneventful as possible, though President Donald Trump probably still won’t like the result. The central bank’s interest rate-setting committee is almost certain to keep its key short-term rate unchanged at about 3.6%, after three straight quarter-point cuts last year. This week’s meeting will be overshadowed by the bombshell revelation earlier... Читать дальше...