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Hong Kong: Virtual asset regulation broached

That final word is also likely the final hurdle between policymakers and interest rate cuts which likely won't begin until "elevated" is dropped from the Fed's policy statement in favor of a new phrase acknowledging inflation was closing in on the central bank's 2% target. With inflation now below the level that caused the Fed to call it "elevated" in the first place, a turn in the policy statement could come as soon as the Fed's March 19-20 meeting and open the door to rate cuts beginning after that. Assuming inflation continues toward a lower path po...

ANALYSIS The official unemployment rate has risen to 4 per cent - its highest level since June 2021. But that also equates to the lowest annual rate the...

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In an effort to increase transparency in the Bank Merger Act (BMA) approval process, the Office of the Comptroller of the Currency (OCC) has recently issued a proposed policy statement...