Report

Amid growing recession fears and slowing inflation, two Fed governors voted for a rate cut in July 2025. This rare dissent signals a pivotal shift in U.S. monetary policy.

President Trump is demanding aggressive rate cuts from the Federal Reserve to boost the economy and reduce debt costs. But top economists warn this could spark inflation, erode central bank independence, and trigger long-term financial instability.

— A BIS Perspective and Global Regulatory Analysis —1. Introduction: The Emergence of a Parallel Monetary SystemAs of mi...

〜BIS報告と国際規制動向の分析〜　　　　　　　報告日：2025年7月1. はじめに：新たな通貨モデルの台頭2025年現在、ステーブルコイン市場は約2,550億ドル（約37兆円）に達し、暗号資産の中でも中核的な存在へと進化している。特にUS...