Two days after the Fed assured you the USD would remain the world’s reserve currency, Saudi’s consider purchasing oil in Yuan.

Well, here you have it. Just a few days after Jerome and Janete made their rounds in front of congress and the media assuring the US Dollar would retain it's reserve status, we already have news of countries considering leaving it.

Like clockwork, the opposite of what they say seems to happen a short while after.

Whether it's about transitory inflation, our dollar's reserve status, or the risk of a recession, it seems they've been off the mark for a while.

https://www.forexlive.com/news/saudi-arabia-considers-accepting-yuan-for-oil-sales-opec-leaves-demand-forecast-unchanged-20220315/