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Japan's MUFG Empowers Domestic Banks in Issuing Stablecoins
Banking

Japan's MUFG Empowers Domestic Banks in Issuing Stablecoins

Mitsubishi UFJ Financial Group (MUFG), the biggest financial institution in Japan, has
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Pete Sadler
Fed Set to Skip June Rate Hike, Entering a Lengthy Pause before Potential Cuts, Morgan Stanley Reports
Banking

Fed Set to Skip June Rate Hike, Entering a Lengthy Pause before Potential Cuts, Morgan Stanley Reports

The Federal Reserve looks set to kick the rate-hike can down the
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Pete Sadler
Wall Street Capitalizing on the Wealth of the Ultra-Wealthy
capitalizing

Wall Street Capitalizing on the Wealth of the Ultra-Wealthy

Concerns of a possible global recession are deepening as heightened inflation and
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Pete Sadler
RBI-MPC Likely to Make Minor Downward Revision to Inflation Forecast: Bank of Baroda Chief Economist
bank

RBI-MPC Likely to Make Minor Downward Revision to Inflation Forecast: Bank of Baroda Chief Economist

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) may
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Pete Sadler
Mauritius Projects Decrease in Debt, Targeting 60% of GDP Pre-2030
60%

Mauritius Projects Decrease in Debt, Targeting 60% of GDP Pre-2030

Mauritius’ public sector debt could fall to the pre-pandemic level of 60%
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Pete Sadler
ECB's Visco Expresses Preference for Gradual Rate Hikes Instead
Banking

ECB's Visco Expresses Preference for Gradual Rate Hikes Instead

The European Central Bank’s monetary policy is correct though a more
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Pete Sadler
Yield Spikes Fail to Deter Bond Bulls as They Continue Buying, Ignoring Fed-Hike Noise
bond

Yield Spikes Fail to Deter Bond Bulls as They Continue Buying, Ignoring Fed-Hike Noise

For over a year, bond traders have been whipsawed by uncertainty about
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Pete Sadler
Declining Economy Hits Hardest on Low-Grade Junk Bonds
bonds

Declining Economy Hits Hardest on Low-Grade Junk Bonds

The riskiest corporate bonds are dropping as signs of economic weakness spread,
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Pete Sadler
Kenya Central Bank Deems Digital Currency Not a 'Compelling Priority'
‘compelling

Kenya Central Bank Deems Digital Currency Not a 'Compelling Priority'

Kenya’s central bank does not consider the issuance of a digital
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Pete Sadler
Carvana Scraps $1 Billion Debt Swap as Creditors Refuse to Agree
agree

Carvana Scraps $1 Billion Debt Swap as Creditors Refuse to Agree

Carvana Co. canceled a $1 billion debt swap after a group of
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Pete Sadler
Fed Expected to Maintain Rate-Hike Pause Despite Robust Data
Banking

Fed Expected to Maintain Rate-Hike Pause Despite Robust Data

Federal Reserve officials, whose hike, skip or pause messaging on interest rates
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Pete Sadler
Fitch Retains Negative Outlook for U.S. Credit Rating Despite Debt Limit Resolution
credit

Fitch Retains Negative Outlook for U.S. Credit Rating Despite Debt Limit Resolution

The United States’ “AAA” credit rating will remain on negative watch, despite
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Pete Sadler
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