Statement The Bank of England (Bank) co-operates with the Financial Conduct Authority (FCA) to supervise financial market infrastructure (FMI). The framework for cooperation is set out in a memorandum of understanding (MoU)footnote [1]. This MoU facilitates effective supervision and policy making by exchanging information between the regulators and promotes efficiency by minimising duplication of regulatory activities regarding…
USD/JPY extends its sideways movement below the 160 psychological mark on Tuesday as the US Dollar (USD) struggles to gain traction. Receding expectations of a Federal Reserve (Fed) interest-rate hike at the upcoming meeting weigh on the Greenback, even as tensions in the Middle East keep the monetary policy outlook uncertain. At the time of…
Earnings inequality among college graduates has grown, and returns to a bachelor’s degree (BA) vary substantially across colleges. We experimentally evaluate a program that shifted high-achieving, low-income students into higher-quality colleges. Students randomly offered a guarantee of four years of tuition and fees at the University of Michigan were 21 percentage points more likely to…
en English
Deep Dives
Oligarchy
Jul 22, 2026
Brooke Harrington
The impunity of Jeffrey Epstein and his associates is the predictable upshot of unbridled wealth concentration, facilitated by the offshore financial system. In fact, that system represents the selective…
Scotiabank strategists Shaun Osborne and Eric Theoret report the Euro (EUR) is firming as Eurozone economic resilience and narrowing yield spreads versus the US support EUR/USD. Short-term technicals are described as bullish, with intraday and daily momentum positive and the weekly study close to turning higher. They see a push through 1.1625/50 opening further gains…