Category: 1000FTAD
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BoA U-turn: digital pound facing the end?
According to insiders, the Bank of England is considering shelving its plans for a digital pound. Instead, banks are to develop alternative payment solutions. The central bank is thus following a global trend of growing skepticism towards digital central bank currencies.According to people familiar with the matter, the Bank of England (BoE) is considering shelving its plans for a digital pound....
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US Treasury Secretary Scott Bessent calls for a comprehensive review of the Fed - an opportunity for investors?
In recent statements, US Treasury Secretary Scott Bessent has called for a fundamental reassessment of the Federal Reserve (Fed) - with far-reaching implications for the confidence of institutional investors. His criticism is directed not only against the costly renovation of the Fed's headquarters, but also against a structural overextension of the institution beyond its core monetary policy mandate.Bessent spoke out publicly against "mandate creep"...
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BREAKING! EU and USA conclude TARGET DEAL!
Von der Leyen's tariff capitulation: Europe in the US stranglehold on the road to ruin A historic moment - but no cause for celebration. What is presented as an agreement in the transatlantic trade conflict turns out, on closer inspection, to be a unilateral capitulation by the EU. The new agreement between the European Union and the United States is not a...