The new financial order in the post-epidemic era -Part 4
The three areas of prudential supervision include re-examining the supervision of MMF, increasing the margin requirements, and ensuring the stability of the core system.
Rising U.S. Bond yields: the First Bomb in the Financial Market in 2021 - Part 6
Bethany Walsh
Nov 22, 2021
（3） Impact on some emerging market economies
On March 18, the central banks of Turkey and Brazil announced interest rate hikes. The next day, the Central Bank of Russia launched the same announcement. The market expects that the central banks of some other emerging market economies are also on the way to raising interest rates. The main reasons for interest rate hikes in emerging market economies are inflation and capital outflows, which may be affected by the rise in U.S. bond yields.
The economic and financial situation of some emerging market economies is not optimistic. The scale of foreign debt continues to increase, coupled with the rise of inflation, the risk increases. The increase in U.S. bond yields then hit emerging markets. Capital outflows seek a stable high yield, which has put pressure on the currencies of emerging markets. The pressure forces them to increase interest rates to suppress inflation and improve their attraction to capital, despite that the interest rate increase may not be appropriate for the economy.
-
![]()
-
How to Clear Your Driving Record to Save On Car Insurance?
If you've had the unfortunate experience of receiving a moving infraction while driving, you may be wondering how you may have your driving record cleared. Or, more specifically, how can I remove a ticket from my record? You may even begin to question if it is feasible to restore your driving record to its previous state.
![]()
-
FSB and the “Global Stable Coin”
First introduce the tasks and functions of FSB, and then introduce the definition of stable coin and the proposal and definition of "global" stable coin, finally introduce three differences between GSC and ordinary stable coin and other crypto assets—it has a stable mechanism, combines multiple functions and activities, and can be used across jurisdictions.
![]()
-
What is Virtual Bank
A virtual bank is the bank that provides retail banking services through Internet or other digital channels. The establishment of virtual bank greatly benefit individuals and small enterprises.
![]()
