The Official Business Publication of Seton Hall University
The Bank of England held an intervention in attempt to stabilize the financial market. Newly elected Prime Minister Liz Truss promised to repair Britain’s economy and that her policies would ensure a “high-growth, low-tax economy.”
Read more
The Bank of England and the Treasury announced they were creating a task force to consider the potential risks and benefits associated with implementing a central bank digital currency (CBDC). The task force will be jointly led by Sir Jon Cunliffe and Katharine Braddick. Sir Jon Cunliffe is the Bank’s deputy governor for financial stability. Katherine Braddick is the Treasury’s director general of financial services.
Read more