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UK households on brink as Bank of England raises rates

UK households on brink as Bank of England raises rates

UK households are on the precipice of financial instability as the Bank of England (BoE) hikes the benchmark bank rate to 5%, its highest point since...

Study Shows Bank of England’s Rising Interest Rates Threaten 1.2 Million UK Households With Insolvency

Study Shows Bank of England’s Rising Interest Rates Threaten 1.2 Million UK Households With Insolvency

The Bank of England made an impactful move last Thursday, June 22, 2023, as it raised the benchmark bank rate to 5%, marking a significant 0.5 percent...

Russian Households Hold More Crypto Than Mutual Funds or Gold, Central Bank of Russia Survey Shows

Russian Households Hold More Crypto Than Mutual Funds or Gold, Central Bank of Russia Survey Shows

A recent survey by the Central Bank of Russia (CBR) suggests that an increasing number of households hold more of their money in crypto wallets. Accor...

Majority of Households Have Changed Their Budgets Amid Rising Economic Uncertainty, According to New Marqeta Global Consumer Pulse Report

Majority of Households Have Changed Their Budgets Amid Rising Economic Uncertainty, According to New Marqeta Global Consumer Pulse Report

Marqeta’s new report surveyed 4,000 consumers in the US, UK and Australia, looking at the factors guiding their financial decisions

US Treasury Report Raises Concerns About CBDC Impact on Banks And Households

US Treasury Report Raises Concerns About CBDC Impact on Banks And Households

A recent study by the United States Treasury revealed that the introduction of central bank digital currency (CBDC) could potentially destabilize the...

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