The digital age has ushered in an era of transformation for money, triggering debates about the role of cryptocurrencies, central bank digital currencies, stablecoins, and the possible encroachment of Big Tech into the monetary system. In the midst of this upheaval, central bankers, economists, and the private sector are grappling with fundamental questions about the […]
Gold broke through $4,100 per ounce for the first time on Monday, hitting another record high on renewed U.S.-China trade tensions and expectations of U.S. interest rate cuts, while silver also rose to an all-time high. Spot gold was up 2.1% to $4,099.55 per ounce, as of 10:50 a.m. ET (1450 GMT), after hitting a […]
Gold up 53% so far this year. Gold extended its historic rally to break above $4,000 an ounce for the first time on Wednesday, as investors piled into the safe haven to seek cover from mounting geopolitical uncertainty while betting on more U.S. interest rate cuts. Spot gold jumped 1.2% to $4,032.46 per ounce by […]
Corn fell on forecasts of a record large U.S. harvest, wheat firmed ahead of a U.S. interest rate decision. Chicago soybeans fell on Monday, as lacking demand from China for U.S. supplies pressured, with traders watching for signs of progress as U.S.-China trade talks resumed in Madrid. Corn fell on forecasts of a record large […]
ANZ Group raised its year-end gold price forecast on Wednesday to $3,800 per ounce and expects prices to peak near $4,000 by next June. Gold prices hovered near an all-time high on Wednesday, buoyed by expectations of a U.S. interest rate cut this month, while market participants awaited U.S. inflation data for clues on the […]
The role of non-bank financial intermediaries in funding markets and financial crises has increased in recent decades. This column examines the rise of the sector and the roles these intermediaries play in liquidity shock transmission. The growth of the non-bank financial intermediation sector can be attributed to technological changes, demographic shifts, and tighter regulation of […]
