Tag: #FinancialStability

US Fed chief says energy shock manageable for now but warns inflation risks could grow

US Fed chief says energy shock manageable for now but warns inflation risks could grow

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The head of the US central bank, Jerome Powell, said the economic impact of the recent surge in energy prices appears manageable for now. However, he cautioned that the situation could become more serious if people and businesses begin to expect inflation to stay high for a longer period. Speaking during an event at Harvard […]

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US Dollar Still Dominates Global Forex: Speculation or Stability?

US Dollar Still Dominates Global Forex: Speculation or Stability?

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Bruce, Australia – October 1 – Despite frequent headlines about the supposed decline of the US dollar, new data suggests it remains the undisputed king of the global foreign exchange (forex) market. A recent survey from the Bank for International Settlements (BIS) reveals that global forex trading has skyrocketed to nearly USD 10 trillion per […]

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