Structural Element of Global Economy during Crises

Crisis situations in the global economy reveal a structural element where uncertainty leads individuals to seek safe havens, particularly the dollar, thus strengthening it. This dynamic exerts pressure on other economies worldwide. The latest inflation data from the US caused a sudden reassessment of interest rate directions, with markets anticipating a slowdown and multiple rate cuts, but strong inflation numbers altered this perception. This situation, coupled with geopolitical events, drives a common desire among investors to shift towards the dollar.