Biden: Interest rate cut may be delayed by a month
U.S. President Biden stated that he remains steadfast in his prediction for a rate cut, which might be delayed by a month, but there will be a rate cut before the end of the year.
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ECB senior official warned that U.S. dollar stablecoins threaten local monetary policy control
Share link:In this post: The ECB has warned that stablecoins could weaken the eurozone’s monetary sovereignty. Jürgen Schaaf warns that the collapse of major stablecoins can trigger systemic risks and threaten the stability of the financial system. The ECB considers its digital euro as a necessary defense against private stablecoins.
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