Home Cryptocurrency Market Confidence Could Quickly Crumble, BIS Warns Indebted Nations

Market Confidence Could Quickly Crumble, BIS Warns Indebted Nations

by admin



The BIS did not single out any nation in particular but cautioned advanced economies from running fiscal deficits larger than 1% of the gross domestic product (GDP) this year, down from 1.6% in 2023. The warning could not have been more timely as several nations, including the U.S., go to polls this year, where by governments typically boost spending to garner voter support.

Source link

related posts