On June 24, when asked about whether U.S. bonds are safe-haven assets, Federal Reserve Chairman Jerome Powell replied that yes, in any case, the U.S. dollar will always exist as a reserve currency for a long time to come.
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Powell: The dollar will always exist as a reserve currency
On June 24, when asked about whether U.S. bonds are safe-haven assets, Federal Reserve Chairman Jerome Powell replied that yes, in any case, the U.S. dollar will always exist as a reserve currency for a long time to come.