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Cryptos, similar assets danger to public: BoE Governor

Cryptos, similar assets danger to public: BoE Governor
businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.

Global rebound euphoria tests central bankers nerves on economic risk

With the world barely through the worst of an unprecedented crisis, central bankers are already wondering if the next one is around the corner. From Washington to Frankfurt, what began months ago as a murmur of concern has morphed into a chorus as officials ask if a risk-taking binge across multiple asset markets might presage a destabilizing rout that could derail the global recovery. Just last week, the European Central Bank and the Bank of Canada cited mounting threats, cognizant of the retrenchment that ensued during the 2008 financial crisis. Meanwhile Bitcoin’s dramatic swings after a warning about cryptocurrencies from the People’s Bank of China showcased how sensitive some markets have become.

Global Rebound Euphoria Tests Central Bankers Nerves on Risk

Global Rebound Euphoria Tests Central Bankers Nerves on Risk
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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