Tag: Monetary Policy

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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...