Bloomberg The Reserve Bank of Australia (RBA) will probably scrap its bond-buying program at the first meeting of 2022, as a strengthening economic recovery suggests the additional stimulus measure is no longer needed. All but one of 17 analysts polled by Bloomberg expects the RBA will end quantitative easing at its February 1 meeting. The outlier, HSBC Holdings Plc’s ...

  Bloomberg The US will likely move forward with its own digital currency, with issuance occurring between 2025 and 2030, according to Bank of America Corp (BofA) US government-backed coins, also known as central bank digital currencies, or CBDCs, “are an inevitable evolution of today’s electronic currencies,” strategists Alkesh Shah and Andrew Moss, wrote in a report. In the meantime, ...

  Bloomberg Global banks are raising concerns to Chinese authorities about a plan to tighten rules on overseas stock listings, saying the draft rules are ambiguous and will expand Beijing’s regulatory reach outside the nation’s borders. The proposals will also drive up costs and stymie dealmaking, the top lobby group for financial firms in Hong Kong said in a letter ...