As the United States grapples with mounting fiscal pressures and an increasingly precarious debt trajectory, President Donald Trump’s systematic assault on Federal Reserve independence represents a ...
THE European money crisis only dramatized what many experts have long regarded as an unassailable dictum: the free world’s monetary system is overdue for an overhaul. That system—the internationally ...
MUMBAI, Oct 7 (Reuters) - India on Tuesday launched a foreign currency settlement system via the country's tax-neutral zone ...
Demand for stablecoins has risen significantly but the crypto assets shouldn’t be the mainstay of the future monetary system, a group representing the world’s top central banks said. Stablecoins, a ...
A global group of central banks is exploring how tokenization can be used to improve existing financial systems with a new project, the Bank for International Settlements (BIS) announced Wednesday.
Over history, the world has adopted the currency of the leading country for global payments. The USD is, arguably, the first global currency untethered from precious metals. Despite external ...
In “The Federal Reserve Has an $8 Trillion Secret” (Political Economics, Dec. 8), Joseph Sternberg provides a welcome suggestion that the Fed communicate its balance-sheet intentions. He notes that ...
The past week has seen the Trump Administration upending US support for two critical facets of the post-war international order: the rules-based arrangements for international trade and the Western ...
Finance Minister Nirmala Sitharaman launched the foreign currency settlement system at GIFT IFSC. Speaking at the Global ...
When we picture the history of money, many imagine barter leading naturally to coins, then paper bills, then cards and ...
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