Wed, April 30, 2025
Tue, April 29, 2025
Mon, April 28, 2025

Fears of the U.S. dollar's decline are overblown, say experts

  Copy link into your clipboard //travel-leisure.news-articles.net/content/2025/ .. -dollar-s-decline-are-overblown-say-experts.html
  Print publication without navigation Published in Travel and Leisure on by Fortune
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
A recent large sell-off of U.S. Treasuries does reflect a challenge to the dominance of the dollar.
The article from Fortune discusses the prevailing concerns about the potential decline of the U.S. dollar's global dominance, but reassures that these fears are largely overblown according to experts. Despite challenges such as rising U.S. debt levels and geopolitical shifts, the dollar remains the world's primary reserve currency, supported by the strength and liquidity of U.S. financial markets, the rule of law, and the absence of a viable alternative. Experts like Eswar Prasad from Cornell University and Steven Kamin from the American Enterprise Institute argue that while other currencies like the Chinese yuan and the euro may gain some ground, the dollar's entrenched position ensures its continued dominance in global trade and finance. The article also notes that any significant shift away from the dollar would require a long-term, gradual process, and current economic indicators do not suggest an imminent threat to its status.

Read the Full Fortune Article at:
[ https://fortune.com/article/fears-of-the-u-s-dollars-decline-are-overblown-say-experts/ ]