Markets

The European Central Bank keeps bond-buying steady and says it will tolerate inflation above 2% for the first time

13 days ago   |   By Business Insider

Christine Lagarde is President of the European Central Bank.
Thomas Lohnes/Getty Images
The European Central Bank kept its $2.2 trillion bond-buying package unchanged and interest rates unchanged.
It revised its forward guidance, saying for the first time it would tolerate inflation rising over 2%.
Central banks around the world are grappling with rising inflation as economies reopen from the pandemic.
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The European Central Bank kept its $2.2 trillion bond-buying package steady and interest rates at record lows on...
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60% of super-rich family offices own crypto or are interested as inflation soars, Goldman Sachs says

13 days ago   |   By Business Insider

Cryptocurrencies have boomed in 2021, despite a recent plunge.
Yuriko Nakao/Getty Images 60% of family offices have already invested or are interested in crypto, Goldman Sachs has found.
Many investment firms of the rich increasingly see crypto as a hedge against inflation, the survey said.
Yet others remain concerned about cryptocurrencies' volatility and the safety of the market.
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The investment firms of the super-rich are increasingly interested in cryptocurrencies, a survey by Goldman Sachs has found, with 15%...
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