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The direction of monetary policy moves is diverging among the major economies, after a period of unusually synchronised interest rate rises in 2022 and 2023, as highlighted in Fitch Ratings’ latest ‘20/20 Vision’ chart pack. The Swiss National Bank (SNB) became the first major developed-market central bank to embark on an interest rate-cutting cycle. ...
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The Texas State Securities Board has moved to shut down a digital gold vault that it claims is actually an illegal international multilevel marketing (MLM) operation, according to a recent enforcement action published on its website. “Securities Commissioner Travis J. Iles entered an Emergency Cease and Desist Order to stop an international multilevel ...