Updates

FOMC formally adopts comprehensive new rules for investment and trading activity

February 18, 2022/US Federal Reserve The Federal Open Market Committee on Friday announced that it unanimously formally adopted comprehensive new rules for the investment and trading activity of senior officials. The rules, which were first announced in October 2021, aim to support public confidence in the impartiality and integrity of […]

Visible Q/Q Growth in Active Subscribers

February 18, 2022/Coronation Research According to the latest telecommunications data per state from the National Bureau of Statistics (NBS), active voice (mobile) customers increased by 2.4% q/q (and -4.5% y/y) to 195.5 million in Q4 ’21. Since Q3 ’21, there has been steady growth in active lines. We note that […]

Preparing for the Financial System of the Future

February 18, 2022/US Federal Reserve Governor Lael Brainard At the 2022 U.S. Monetary Policy Forum, New York, New York The financial system is undergoing fast-moving changes associated with digitalization and decentralization. Some of these innovations hold considerable promise to reduce transaction costs and frictions, increase competition, and improve financial inclusion, […]