‘I wish we were long bitcoin’ – central bankers on Trump 2.0

Reserve managers at Central Banking Autumn Meetings warn of higher signal-to-noise ratio

Donald Trump
Gage Skidmore (https://bit.ly/3IYY8Dm)

Central bankers from upper-middle income countries in the Americas largely agreed on the likely direction of Donald Trump’s second presidency.

In a panel discussion at the Central Banking Autumn Meetings in Mexico City yesterday (November 13), the representatives of four countries discussed their reserve management strategies. They were largely taking a wait-and-see approach to the US administration that is due to take office in January.

One official said that they were positioned in a long-term

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Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

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