Each week the Finseta Team publish a blog or insight relating to trade, foreign currencies, global economics or international business.
If you have ever taken a macroeconomics lesson, you have probably been taught that printing too much money is inflationary. It has been a widely established fact of the macroeconomy for time immemorial. Economists are always keen to remind the public of this fact whenever issues of government spending and taxation arise. However, the Modern […]
This week has been dominated by the fears of a looming recession following the release of key GDP and confidence data. Significant news was released on Thursday when it emerged that the US economy shrank for a second consecutive quarter. This technical recession is due to a 0.9% GDP contraction for Q2 following a 1.6% […]
Having discussed the benefits and structure of Central Bank Digital Currencies last week, we now turn to the current state of their implementation and the risks associated with their use. CBDCs are still very much in their early stages but 86% of central banks are keen to research and trial them, partly to provide an […]
It has been a big week in the EU with plenty of data and political action. The ECB has increased interest rates by 0.5%, the first rate rise in the Eurozone since 2011. It comes at a time when inflation has hit record highs of 8.6% and the economic gulf between member states is widening. […]
You’ve heard of Bitcoin, but what about … Bank of England Coin? As finance continues to digitise, one of the few things that have stayed the same has been the use of cash. Although many of us use digital tools to manage our finances, cash is still a central part of a country’s financial life. […]
Unsurprisingly, inflation continues to be the topic of the moment with figures announced Wednesday showing US prices rising 9.1% in June compared to a year ago, the highest rate in 40 years. Wednesday’s result was surprisingly higher than consensus estimates of 8.8%. Inflation continued to be led by large food and fuel price increases but […]