Dec 8th 2021 THE FEDERAL RESERVE has spent most of 2021 saying that high inflation would be temporary. And yet price rises have persistently overshot forecasts, reaching 5% in October,…
Tag: Monetary
IMF warns of global risks from unregulated cryptocurrency boom | International Monetary Fund (IMF)
Tougher regulation is needed to prevent the rapid growth in cryptocurrencies leading to financial instability, defrauding of consumers and the funding of terrorism, the International Monetary Fund has said. The…
China cuts key rates, steps up monetary stimulus to boost economy
SHANGHAI, Jan 20 (Reuters) – China lowered mortgage lending benchmark rates on Thursday as monetary authorities step up efforts to prop up the slowing economy, after data earlier in the…