Tag: monetary policy
Central Bank Delivers Fifth Rate Cut Despite Rising Food Price Concerns
The monetary authority has implemented its fifth interest rate reduction of the year, bringing the benchmark rate down by a quarter-percentage point to 4%....
Stablecoin Bills Could Give Big Tech a Backdoor Into Banking—And Reshape the Financial System Forever
A new chapter in the digital currency revolution is unfolding in Washington—and it may give Silicon Valley unprecedented power over the future of...