Reserve bank of fiji articles
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Reserve Bank insight into next move on interest rates
More colour to the last interest rate decision will be detailed in the board’s minutes from the May meeting. Borrowers were spared more interest rate pain and rates were left unchanged, as was widely anticipated, but the Reserve Bank governor confirmed another hike was a topic of discussion. Of interest in the minutes, due for […]
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US banks to struggle with climate risk data – Federal Reserve
According to a climate scenario analysis by the Federal Reserve, American banks are set to experience challenges in predicting the impact of climate change on their loan books due data and modelling difficulties. The report’s aim was to predict how banks would be able to manage the risks of climate change, such as natural disasters […]
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Tether Counters Deutsche Bank's Stablecoin Warning, Defends Reserve Transparency – News Bytes Bitcoin News
Tether strongly criticized a Deutsche Bank report that raised concerns about the stability of stablecoins, including Tether’s dollar-pegged token, predicting a potential crisis similar to the 2022 collapse of Terrausd, which erased billions from the market. Deutsche Bank analysts, citing a study of 334 historical currency pegs, suggested that most stablecoins will face significant challenges […]