Why is the dollar so powerful? | CNBC Explains
7:39
YouTubeCNBC International
Why is the dollar so powerful? | CNBC Explains
For more than seven decades, the United States dollar has been the world’s reserve currency, with a majority of international transactions using the greenback. CNBC’s Uptin Saiidi explains how it became so strong and explores whether its position could be threatened. ----- Subscribe to us on YouTube: http://cnb.cx/2wuoARM Subscribe to CNBC ...
1.3M viewsApr 22, 2020
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The Federal Reserve just made a massive announcement that changes everything for your money. On December 12th, 2024, the Fed begins $40 billion monthly treasury purchases they’re calling “reserve management” (not QE, but it’s the same thing). Chair Jerome Powell cut rates to 3.75% while claiming commitment to 2% inflation—even as inflation rises. This video breaks down what Powell said in today’s press conference, the Fed’s December 2024 projections, and what this means for your savings, investm
1:09
The Federal Reserve just made a massive announcement that changes everything for your money. On December 12th, 2024, the Fed begins $40 billion monthly treasury purchases they’re calling “reserve management” (not QE, but it’s the same thing). Chair Jerome Powell cut rates to 3.75% while claiming commitment to 2% inflation—even as inflation rises. This video breaks down what Powell said in today’s press conference, the Fed’s December 2024 projections, and what this means for your savings, investm
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