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7min chapter
'Decoupling'
Reuters Econ World
The Fed's Global Influence
This chapter examines the Federal Reserve's dominant role in shaping global central banking practices and the resulting influence on currency and trade dynamics. It highlights the economic decoupling between the U.S. and European economies, emphasizing contrasting growth and consumer confidence levels. The discussion also addresses how recent political factors, including tariffs, affect central bank policies and global exchange rates.
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