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11 Dec 2017

RBNZ’s Spencer: Bitcoin ‘looks remarkably like a bubble forming to me’

The Reserve Bank of New Zealand (RBNZ) Governor Grant Spencer said in an interview with TVNZ broadcast on Sunday, Bitcoin is a bubble.

Key Quotes via Bloomberg:

"It looks remarkably like a bubble forming to me" 

"Over the centuries we've seen bubbles, and this appears to be a bit of a classic case. With a bubble, you never know how far it's going to go before it comes down."

Dec 11, 2017

Source: US President Trump to speak on tax this Wednesday -BBG

Bloomberg quoted a person familiar with the matter, as citing that the US President Donald Trump will deliver closing arguments for the proposed Repub
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Dec 11, 2017

Average interest rate seen rising to 1% in 2018, say Investment Banks

A Bloomberg report says the Citigroup and JPMorgan economists expect the average interest rate across advanced economies will climb to at least 1 perc
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