Reported 1 day ago
The Bank for International Settlements (BIS) has issued a warning regarding the economic risks stemming from U.S. President Donald Trump's trade war and deregulation efforts. BIS head Agustin Carstens emphasized that pervasive policy uncertainty could hamper economic growth and lead to increased investment hesitation among businesses and households. Additionally, he noted the potential for financial market volatility and inflationary concerns stemming from currency fluctuations, urging central banks to prioritize inflation control amidst these challenges.
Source: YAHOO