Developing

© Reuters. FILE PHOTO: Representations of cryptocurrencies are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration/File Photo NEW YORK (Reuters) – Cryptoassets, peddled as the future of finance, have not only failed to deliver on their promise but are themselves adding to financial risks in developing economies, according to a paper from the Bank

Australian central bank leaders believe that higher interest rates and rising costs of living will continue to put unprecedented pressure on households and, as a result, on consumption, while per capita output will decline in the second half of the year. Whether there will be more rate hikes this year will depend on data coming