Russia Makes Digital Ruble Official
On Monday, Russian President Vladimir Putin signed a bill which officially introduces the digital ruble to the Russian economy. The document, which was published on the official government portal of…
ECB’s Visco Says Inflation May Drop Quicker Than Forecast
Ignazio Visco a member of the European Central Bank Governing Council, has said that inflation may begin to fall more quickly than the institution predicted last month as declines in…
Retailers In UK Accused Of Profiteering By BoE
Andrew Bailey, the Governor of the Bank of England, has attacked British retailers for engaging in “greedflation,” accusing them of taking advantage of the cost of living crisis to raise…
US Refers To Pan Gongshen As Central Bank Head Signaling His Imminent Promotion
In recent days, US government officials have repeatedly called a senior Chinese government official the head or acting head of the People’s Bank of China (PBOC), in an apparent recognition…
Swiss National Bank Reports Massive Losses – $143 Billion
On Monday, the Swiss National Bank announced it had posted the biggest annual loss it has posted since its founding 116 years ago, based on preliminary estimations. It attributed the…
