Central bank digital currencies (CBDCs) pose a foundational threat to America’s economic systems with absolutely no upsides, according to a recent analysis from the Cato Institute, which stressed that a U.S. CBDC will threaten citizens’ “core freedoms” from financial privacy to personal liberty. Eve...

Major central banks have hiked rates despite volatility in markets. They collectively said that inflation clearly means it is too soon to conclude that the hiking cycle is over. The banking sector developments haven't stopped the hiking, and indeed, I have noted that the idea of focusing on financia...

British debt charities have sounded the alarm as 4mn mortgage borrowers face higher rates next year, increasing the average annual bill by £3,000 and piling pressure on household finances. Concerns mounted on Thursday after the Bank of England increased interest rates to 3.5 per cent in an attempt t...