Finance News

U.S. Inflation Rises Less Than Expected to 2.4% in May Amid Trade War Pressures

U.S. inflation rose less than expected in May, offering a brief respite to consumers and policymakers ahead of next week’s Federal Reserve meeting. However, trade tensions continue to pose risks to future price stability. Inflation Slows Despite Trade Pressures According to data released on Wednesday, the U.S. Consumer Price Index (CPI) increased by 2.4% year-on-year […]

Why We Should Be Worried About the Rise of Stablecoins

Stablecoins – digital currencies pegged to real-world assets like the U.S. dollar – are gradually breaking out of the crypto world and stepping into the global financial system. Their rapid rise is increasingly raising concerns about financial stability – concerns that regulators can no longer ignore. Stablecoins: From the virtual world to real-world risks Until […]

Britons Penalised for Lack of Financial Awareness on Pension Fees

New data highlights a concerning trend among UK savers who are unknowingly losing out on better financial returns due to a lack of understanding of pension fees and general investment costs. Majority of Savers Unaware of Pension Charges More than 80% of UK savers are unaware of how much they are paying in pension fees, […]

UK Regulator Warns Car Finance Payouts Must Not Bankrupt Lenders

The UK’s Financial Conduct Authority (FCA) has issued a warning that any future compensation scheme over mis-sold car finance deals must avoid destabilising the industry. The regulator emphasised that lenders should not be driven into insolvency by having to pay large sums to affected customers. FCA Urges Balance Between Fairness and Industry Stability In a […]

UK Interest Rate Cuts Tied to Slowing Wage Growth, Says BoE Governor Andrew Bailey

The trajectory of UK interest rates will depend heavily on whether wage growth slows as forecast, Bank of England (BoE) officials told Members of Parliament on Tuesday. Amid global economic uncertainty, Governor Andrew Bailey emphasized that weakening labor market conditions are central to the bank’s decision to cut rates. BoE Governor Cites Wage Trends in […]

Could Trump’s ‘One Big Beautiful Bill’ Quietly Kill OFR—and Accidentally Undermine SOFR?

Last week, a little-noticed clause buried deep inside a sprawling Trump administration budget bill sparked growing concern among financial experts. Section 50005 of the so-called “One Big Beautiful Bill Act” may not only defund the Office of Financial Research (OFR) but also—perhaps unintentionally—shake the foundation of the SOFR interest rate benchmark. A Hidden Threat in […]