Federal Reserve chairman Jerome Powell signals his aim to crush inflation by raising interest rates for the third time in a row this year. This increase by 75 basis points augurs even more aggressive hikes ahead than investors had expected. Officials forecast that the rates could reach 4.4 per cent by the end of 2022 and 4.6 per cent in.
MAS and IFSCA will be leveraging existing regulatory sandboxes in their respective jurisdictions to support experimentation of technology innovations, , FinTech, Monetary Authority of Singapore (MAS), IFSCA