Exclusive-European officials consider pooling dollars to lessen Fed reliance after Trump shocks
Yahoo Finance·2025-11-13 17:54
By Elisa Martinuzzi, Balazs Koranyi, Stefania Spezzati, Mathieu Rosemain and Giuseppe Fonte (Reuters) -European financial stability officials are debating whether to create an alternative to Federal Reserve funding backstops by pooling dollars held by non-U.S. central banks in a bid to reduce their reliance on the U.S. under the Trump administration, five officials familiar with the matter said. The talks, reported here for the first time, are a reaction to policies under U.S. President Donald Trump tha ...