Bank

<p>The post <a href="https://coinpedia.org/crypto-live-news/bis-warns-indebted-nations-of-sudden-loss-of-market-confidence/" rel="noopener noreferrer nofollow">BIS Warns Indebted Nations Of Sudden Loss Of Market Confidence</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>The Bank of International Settlements warned heavily indebted nations on Sunday of a risk of sudden loss of market confidence, validating the long-standing concern in the crypto market. The BIS in an annual report published Sunday stated that ‘confidence could quickly crumble if economic momentum weakens and an urgent need for public spending arises on both structural and cyclical fronts’. The BIS cautioned advanced economies from running fiscal deficits larger than 1% of the gross domestic product (GDP) this year, down from 1.6% in 2023.</p>

BIS Warns Indebted Nations Of Sudden Loss Of Market Confidence

CoinPedia News

1 Tem 2024 tarihli diğer yazılar

XRP News: Whales Transfer 230M XRP Ahead Judge Torres’ Final Judgment

Bitdeer Secures 30-Year Lease for Ohio Mining Site, Plans Massive Power Expansion

Bitcoin Rises Amidst Market Fluctuations

New Article from Vitalik Buterin, Founder of Ethereum! What Does Ethereum Aim for? Here are the D...

Solana Impresses Investors with Gains

Dogecoin to hit $0.6533? Analysts predict a 404% surge!

Güncel kripto para haberleri için ücretsiz bültenimize abone olun!