JP Morgan UK Slowdown: De-Dollarization Explodes Globally
Warnings about a JP Morgan UK slowdown have emerged as Britain’s economy faces mounting pressure, and at the same time, something bigger is happening on a global scale. De-dollarization explodes globally right now, with dollar reserves falling to a two-decade low that’s catching everyone’s attention. Bank of England policymaker Alan Taylor warned the UK risks what he calls a “bumpy landing” with prolonged economic weakness ahead. Meanwhile, the latest Analysis from JP Morgan on de-dollarization shows dollar reserves dropped below 60 percent of global holdings, which is actually the lowest level since 1994. The forecast from JP Morgan about the dollar predicts gold could reach $5,000 per ounce by mid-2026 as these trends around de-dollarization in 2025 accelerate and central banks diversify away from U.S. currency dependence. Also Read: JP Morgan: Rising Risks Signal Change, Not Collapse for the US Dollar Understanding JP Morgan UK Slowdown, Dollar Forecast...