The end of cheap money - (TREASURY NEWS)
Jul 29, 2022
38:22
Pushpendra Mehta meets with Bob Stark, Global Head of Market Strategy at Kyriba, and Craig Jeffery, Managing Partner of Strategic Treasurer, to review the latest treasury news and developments. Topics of discussion include the following:
- Australia's central bank signalling series of interest rate hikes to combat inflation
- European Central Bank's first interest rate increase in 11 years
- Planned corporate bond deals increasingly being called off as cheap funds end
- US not prohibiting agricultural commodities from Russia
- Payments sent using Zelle surpassed checks written by Bank of America customers in 2021
- Juniper Research predicts total number of tokenised payment transactions worldwide will exceed 1 trillion by 2026
- BNP Paribas entering the crypto custody space
- The US Securities and Exchange Commission working to register crypto lending firms
