Tag: Monetary Policy
Indian Central Bank Takes Cautious Approach to CBDC Implementation
The Reserve Bank of India (RBI) is taking a cautious approach to the nationwide rollout of its Central Bank Digital Currency (CBDC), known as...
Federal Reserve Cuts Rates, Bitcoin Price Hits Record High Amid Powell’s Assurance on Policy
The U.S. Federal Reserve recently made a decision to reduce its benchmark fed funds rate by 25 basis points to 4.5%-4.75%, in line with...
BIS ends partnership with mBridge CBDC project due to lack of progress
The Bank for International Settlements (BIS) recently announced its decision to end its partnership with Project mBridge, a central bank digital currency (CBDC) initiative...
Proposal for Federal Reserve to Adopt Bitcoin as Reserve Asset at Nashville Conference
Wyoming Senator Cynthia Lummis, known for her support of cryptocurrencies, is planning to propose a bold idea at the upcoming Nashville conference. She wants...
Federal Reserve Boosts Balance Sheet Amid Rate Cut Speculation
The Federal Reserve's balance sheet has seen an increase of $2.6 billion, bringing it to $7.2 trillion. This rise comes amidst speculation about a...
Boost Financial Inclusion and Payment Efficiency in the Middle East with CBDCs
The International Monetary Fund (IMF) recently conducted a survey in the Middle East and Central Asia region regarding Central Bank Digital Currencies (CBDCs) and...
Losing Control of Our Currencies: Understanding the Shift in Monetary Power
Currency has played a crucial role in shaping human societies throughout history. From bartering to coins and paper money, the evolution of currency reflects...
Exploring CBDCs: BIS Survey Reveals Rising Interest
Central banks around the world are showing a growing interest in exploring the concept of a central bank digital currency (CBDC), according to a...