Morgan Stanley joins Goldman Sachs in 11th-hour switch to forecasting a Fed hike
Morgan Stanley late on Monday joined Wall Street rival Goldman Sachs in changing its call from the Federal Open Market Committee leaving rates unchanged to the…
The Fed may be on the verge of a serious mistake, prominent economists warn
Some economists are calling on the central bank to wait before raising interest rates, out of concern the economy may be vulnerable beneath the surface.…
Live updates: Bitcoin manages small gains as stocks drop on AI concern, oil surges
The Federal Reserve's twoday policy meeting begins tomorrow, with nearly all now expecting the U.S. central bank to hike its benchmark policy rate by 25 basis…
Core CPI rose a faster-than-forecast 0.3% in August, setting up possible Fed rate hike
The August CPI report had taken on outsized importance after Fed Chair Kevin Warsh two weeks ago suggested the central bank may have to act if inflation…
Markets see a near 50-50 chance the European Central Bank will hike again in October
Financial markets are virtually evenly divided that the European Central Bank will lift interest rates once more next month after a statement issued Thursday…
Ex-BoE deputy governor headlines trio of former central bankers joining Fnality
Jon Cunliffe, Jochen Metzger and Ron Berndsen join Fnality Europe’s supervisory board as the company works to expand beyond its sterling payment system.…
Diesel prices hit another record high. If you’re shocked, wait until you see your grocery bill.
The most important price in America is one most drivers never pay — and it reaches the CPI, the Fed and the European Central Bank in the same week.…
Italy’s central bank orders sanctions screening for crypto transfers
Banca d’Italia ordered crypto service providers to implement internal controls to screen for crypto transfers tied to sanctioned entities. Source:Cointelegraph
Uzbekistan begins government bond-backed stablecoin payment pilot
Humo Digital will test HUMO payments with more than 20 merchants under a sandbox jointly overseen by NAPP and Uzbekistan’s central bank. Source:Cointelegraph
Philippines eyes payment operator registration freeze, tighter VASP checks
A central bank proposal would pause new payment operator registrations while requiring enhanced monitoring and transaction limits for arrangements involving…
Kevin Warsh gets what every Fed chair hopes for: A bond market that trust his words
Kevin Warsh passed another big test as a new Federal Reserve chairman on Friday: He said the central bank still has work to do on inflation, and the bond…
ECB claims digital euro will offer 'maximum level of privacy' amid surveillance fears
Central bank officials say the Eurosystem will be structurally unable to link users to purchases, but civil society groups remain skeptical. Source:CoinDesk