The Economic Times

How a sharp US Dollar crash could trigger global recession here's what BofA is warning

Global recession risk global recession risk: Global economic stability is at risk as BofA Securities warns a sharp US dollar decline could trigger recessionary shocks outside America. While central banks might intervene, a disorderly fall threatens trade and markets. Interestingly, the dollar is weakening despite stable US interest rates, suggesting a shift in its safe-haven status.