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Banking
Crypto Investors Should Be Prepared For The Worst, BoE Governor Warns
Andrew Bailey, governor of the Bank of England (BoE), has warned that crypto investors could see all their money go as he states unbacked crypto-assets have no intrinsic value.
US: Inflation Fears Push 2-Year Treasury Rate To Highest Level Since 2007
On Monday, US Treasury yields surged, led by short-term rates, as traders responded to last week’s data on inflation and considered the possibility of a recession hitting the nation.
Is BaaS The Key To Greater Financial Inclusion?
Throughout the 2010s, governments and international organisations pushed harder than ever to boost financial inclusion.
World Bank Warns Of 1970s-Style Stagflation
On Tuesday, the World Bank slashed its global growth forecast and warned that many countries may fall into recession as the global economy slips into a period of 1970s-style stagflation.
Recession More Likely In Europe Than US, Warns Citi CEO
On Friday, Citigroup CEO Jane Fraser warned that Europe is more likely to be impacted by a recession than the United States.
