If the Federal Reserve, a bedrock of global financial stability, were to withhold dollar funding to allies during times of stress, the world could greatly reduce its reliance on the currency, creating “a doubled-edged sword” for the U.S., Deutsche Bank analysts said. Reuters reported on Saturday th»»»

If the Federal Reserve, seen as cornerstone of global financial stability, were to limit dollar funding to allies during periods of stress, it could lead to a significant reduction in global reliance on the U.S. dollar, according to Deutsche Bank analysts. This scenario could create a "double-edged»»»

(The author is editor-at-large for finance and markets at Reuters News. Any views expressed here are his own) LONDON - This time it is probably different - or at least for monetary policymakers and markets trying to track them. Fuzzier Federal Reserve targets are creating a fog for other central ba»»»