USA

- 25bp interest rate increase

- rates at 5-2.25%

A 25bp interest rate hike was announced in the US on Wednesday, as you all know.

Beyond that, not much is known about what is to come later this year, whether rates will stay or whether interest rates will be raised or lowered.

It depends on how inflation and the job market are doing.

Also, the dollar and the BRICS ( Brazil, Russia, India, China and South Africa ) have been on the table lately.

BRICS would like to introduce their own currency to compete with the dollar and become the most used currency in the future.

However, there are problems, such as the fact that not all countries may agree and that many countries have huge debts in dollars. So I think it will be decades before any major change comes.

Can you post how you view the situation in the US and what impact you think a new currency would eventually cause on the economy and stocks.