“The world can trade two ways – in one currency and the second option is to trade in other currencies. The second one is obviously less risky,” said a central bank executive on the sidelines of the G20 meeting of finance ministers and central bankers.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend
October 1, 2026