Stablecoin Growth Erodes Bank Deposits, ECB's Cipollone Warns, Urges Digital Euro
ECB's Cipollone cautions that stablecoin growth risks draining bank deposits, advocating a digital euro to keep banks central to the payment system.
ECB's Cipollone cautions that stablecoin growth risks draining bank deposits, advocating a digital euro to keep banks central to the payment system.
Bitcoin steadied at a three-week high as U.S.-Iran tensions offset a softer-than-expected U.S. inflation report, underscoring the growing influence of geopolitical risk…
BoE Governor Bailey warns AI bubble burst would trigger immediate rate response, signaling proactive stance against tech-driven financial risks and setting up…
U.S. stocks rose on inflation data that eases Fed rate-hike fears, despite climbing oil prices adding to cost pressures.
Fed Governor Warsh’s insistence on containing inflation strengthens the hawkish case, potentially lifting the U.S. dollar and Treasury yields while weighing on…
US Treasury yields fell sharply after CPI data showed inflation cooling faster than forecast, pushing July Fed rate hike odds down to…
Kevin Warsh's hawkish warning that the Fed won't tolerate high inflation drives expectations of prolonged elevated interest rates, damping risk assets and…
European Central Bank names 36 payment providers including Revolut for digital euro beta test, advancing the CBDC pilot ahead of planned 2027…
TS Lombard flags a growing disconnect between a booming tech sector and the Fed's accommodative stance, raising risks of inflation and a…
Bitcoin's supply distribution from long-term holders to new buyers coincides with rising Federal Reserve rate hike expectations, creating a tense balance between…
Federal Reserve forms AI task force with Marc Andreessen and Stanford's Jones, highlighting institutional bullishness on artificial intelligence and prompting market optimism…
Bond traders increase July Fed rate cut bets, pushing Treasury yields lower as markets await US inflation data that could cement the…