The May Round Up
Sign up for free
Listen to this episode and many more. Enjoy the best podcasts on Spreaker!
Download and listen anywhere
Download your favorite episodes and enjoy them, wherever you are! Sign up or log in now to access offline listening.
Description
In this month's episode of Glint Talks Money, Gary Mead discusses two big issues - inflation and the introduction of new global banking regulations, Basel 3. The first is giving...
show moreThe first is giving sleepless nights to central bankers. Inflation is clearly back - but is it going to get out of control? Central bankers fight inflation by pushing up interest rates - but if they do that too fast or too soon they risk snuffing out the fragile post-Covid economic recovery. As tightrope acts go, this one is a humdinger.
The second is starting to get gold fans excited. If fully implemented Basel 3 - which has started to be introduced in Europe but won't arrive in the UK until 2023 - promises a shake-up in bullion banks' capital reserve requirements. Basel 3 may impact the trading of unallocated gold. Some think the net result could be a higher gold price. But there is still plenty of time for Basel 3 to be watered down.
So tune in and find out more about two of the major concerns of the moment.
Information
Author | GLINTPAY |
Organization | GLINTPAY |
Website | - |
Tags |
Copyright 2024 - Spreaker Inc. an iHeartMedia Company