To Challenge the Dollar

Recent headlines use alarming buzzwords to warn of the imminent doom of the US Dollar's reserve currency status. While it's fair to say King Dollar is challenged, its much more difficult to conclude that the US will simply bow out of the fight. Yes, the US could support the dollar with better policies (namely less debt) but its would-be usurpers (China, Saudi Arabia, Russia, etc.) must improve their own policies far more before any real challenge emerges. 

Our highlight article of the week provides an insightful glimpse into the complex conversation of what qualities a true challenger to US dollar reserve status must possess, and how the US might strengthen the defenses of the dollar. 

Headline CPI Surprises

March data shows easing energy prices helped pull U.S. headline inflation under 6% for the first time in over a year. However, "stickier" areas of CPI, like service, remain stubbornly elevated.

What Else We're Reading

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