The International Monetary Fund (IMF) advises that the Bank of England should contemplate reducing its interest rates to 3.5% by the end of 2025. This suggestion is made as the UK’s economy steadily recovers from the recession caused by the pandemic, while policymakers are dealing with inflationary challenges. The ‘thinking’Read More →
IMF’s Kristalina Georgieva reportedly said that the public sector should keep preparing to deploy central bank digital currencies (CBDC’s) and related payment platforms in the future. But according to data from the Atlantic Council, only 11 countries have adopted CDBC’s thus far. Alternative to cash Central bank digital currencies (CBDC’s)Read More →
The International Monetary Fund (IMF) is an international organization that monitors the health of the global economy and provides financial assistance to countries in need. UK interest rate warning from the IMF Peak at 6%! The IMF believes Bank of England rates will peak at 6% and stay around 5%Read More →