mosaec

Can A Trillion Dollar Coin Resolve the Debt Ceiling Crisis?

Banking and Financial Institutions Currency Federal Budget (US) Federal Reserve System Powell, Jerome H Treasury Department United States Mint United States Politics and Government

Can A Trillion Dollar Coin Resolve the Debt Ceiling Crisis?

The latest standoff over raising the nation’s debt ceiling is giving new life to an old theory about how to avoid a default.

By Alan Rappeport

Why Japan’s Sudden Shift on Bond Purchases Dealt a Global Jolt

Bank of Japan Banking and Financial Institutions Currency Economic Conditions and Trends Federal Reserve System Government Bonds Inflation (Economics) Interest Rates International Trade and World Market Japan Kuroda, Haruhiko Quantitative Easing Stimulus (Economic) Stocks and Bonds

Why Japan’s Sudden Shift on Bond Purchases Dealt a Global Jolt

The world has relied on ultralow interest rates in Japan. What will happen if they rise?

By Ben Dooley

Bank of Japan Surprises Markets With Policy Tweak

Bank of Japan Currency Government Bonds Inflation (Economics) Japan Kuroda, Haruhiko

Bank of Japan Surprises Markets With Policy Tweak

The central bank widened the yield on 10-year bonds and increased its monthly asset purchases in hopes of reviving a stagnant domestic bond trade.

By Ben Dooley

King Charles III Is the New Face of U.K. Money

Bank of England Banking and Financial Institutions British Pound (Currency) Charles III, King of the United Kingdom Currency Elizabeth II, Queen of Great Britain International Relations Numismatics Politics and Government Royal Mint Ltd, The

King Charles III Is the New Face of U.K. Money

Pound notes with the new sovereign’s image will begin appearing in 2024, though money with his mother’s likeness will still be in circulation.

By Emma Bubola