(Credit: Klaas Jan Schraa/iStock by Getty Images) February 13, 2025/IMFBlog By Katharina Bergant, Mai Hakamada, Divya Kirti, and Rui C. Mano Before the pandemic, investors worried about how persistently low inflation and interest rates would crimp bank profits. Paradoxically, they also worried about bank profitability when post-COVID reopening sent inflation […]
OPINION/EDITORIAL
Nigeria Gross Official Reserves Declined M-o-M to US$39.7bn in January 2025
February 13, 2025/FBNQuest Research Culled: Proshare Data from the Central Bank of Nigeria (CBN) shows that Nigeria’s gross official reserves decreased by almost -US$1.2bn month-on-month (MoM) to US$39.7bn as of end-January 2025. The decrease in January is significant, as it marks the sharpest attrition in the reserves position since April […]
Reflections on a Maturing Stablecoin Market
February 12, 2025/US Federal Reserve By Governor Christopher J. Waller Thank you for inviting me to speak today about stablecoins, an important innovation for the crypto ecosystem with the potential to improve retail and cross-border payments.1 A little over three years ago, I outlined my views on the benefits and […]

