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Despite market expectations, both the Fed and the RBA have recently revealed a cautious approach to further rate rises. There were four key factors that influenced this decision, leading us to believe the RBA’s next move is more likely to be a rate cut than a rate hike. In this piece, we examine these indicators and explain what it means for bond ...
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Several states have taken action over the last two years in an effort to block the implementation of a central bank digital currency (CBDC) in the United States. Indiana was the first state to pass legislation relating to central bank digital currency. Enacted in 2023, the law explicitly excludes a CBDC from the definition of money under the state's Uniform ...