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IMF warns dollar stablecoins risk eroding monetary sovereignty

The IMF says large dollar stablecoins can accelerate currency substitution, weaken monetary control in fragile economies, and require strict, globally coordinated regulation and reserves. Summary The IMF notes stablecoins top $300 billion, mostly dollar-pegged, and can leapfrog local banks and payment rails via smartphones and unhosted wallets.​ Widespread dollar stablecoin use could shift savings and … Read more

Arthur Hayes Claims Bull Market Still In Play: Monetary Policy

Bitcoin price slipped below $104,000 on Tuesday, but Wednesday has seen a defense above $103,500. Meanwhile, Arthur Hayes says it’s too early to call the end of the market’s momentum. The Maelstrom chief investment officer noted in a Tuesday post that the Bitcoin price has fallen 27% over the past month. Even so, he believes … Read more

Crypto Market News Today, October 10: Crypto Recovering, Bitcoin BTC Price Back Above $121K, ETH and XRP USD Stable as Powell Speech Failed to Mention Monetary Policy

Today, the crypto market news revolves around market recovery as traders dissect Jerome Powell’s latest speech. The key takeaway is not what was said, but what wasn’t. The absence of any reference to economic or monetary policy left the door wide open for risk assets to breathe. That includes Bitcoin, whose price in BTC USD … Read more

Monetary policy is not about interest rates, it’s about the money supply

The ongoing feud between President Trump and Fed Chairman Jerome Powell centers on interest rates. This tells us more about the near-universal view of what constitutes monetary policy than it does about Trump or Powell. While Trump and Powell might quibble over the proper level for the Fed funds rate, they both think monetary policy … Read more

Singapore holds monetary policy, flags slowdown in second half of the year

Singapore retains its title as the most expensive city for high-net-worth-individuals, according to Julius Baer’s 2025 Global Wealth and Lifestyle report. Deejpilot | E+ | Getty Images Singapore kept its monetary policy steady as the export-dependent city-state grapples with trade concerns from the Trump administration. The Monetary Authority of Singapore said it would hold the … Read more

Trump vs Powell: Monetary policy could hinge on office renovations

The latest spat between the Trump administration and the Federal Reserve is sounding more like a home-improvement reality TV show. But the stakes are much higher: monetary policy at the world’s most important central bank and its independence from political pressure. The argument comes as President Donald Trump continues to demand that Chairman Jerome Powell … Read more

China eases monetary policy to support an economy threatened by Trump tariffs—yet more stimulus may be needed

China on Wednesday eased key monetary policy tools in a bid to boost its ailing economy as it struggles with the effects of weak consumption and Donald Trump’s trade war. The country’s leaders are battling to reignite growth, which has not fully recovered since the COVID-19 pandemic, crippled by sluggish domestic demand and a protracted … Read more

Singapore eases monetary policy, MAS warns of tariff impact to economy

View of MAS building, Singapore Lee Yen Nee Singapore on Monday eased its monetary policy for the second straight time, as the city-state posted a lower-than-expected GDP growth of 3.8% for the first quarter, according to advance estimates. The Monetary Authority of Singapore had eased its policy stance in its January meeting too, loosening policy … Read more

Bank of England restarts monetary easing, cutting key rate to 4.5%

The Bank of England made its first interest rate cut of 2025 on Thursday, resuming monetary easing amid ongoing concerns over sluggish growth in the British economy. The central bank cut its benchmark interest rate by 25 basis points to 4.5%, with a majority of seven members out of the nine-strong monetary policy committee voting … Read more

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