Economy

Hyun Song Shin Confirmed as Bank of Korea Governor After Parliamentary Approval

The BIS congratulated Hyun Song Shin after South Korea’s National Assembly committee adopted his confirmation, marking his return from the BIS to lead the Bank of Korea.

#bankofkorea, #centralbank, #hyunsongshin, #monetarypolicy

Canada inflation accelerates to 2.4% in March as gasoline surge lifts headline rate

Canada’s annual inflation rose to 2.4% in March as a record monthly gasoline price jump pushed up energy costs, while core measures stayed near 2%.

#canada, #inflation, #bankofcanada, #gasoline

Labor Department Proposes Safe Harbor to Let 401(k)s Include Private Assets

Labor Dept. proposes a safe harbor allowing 401(k)s to include private assets — from private equity to crypto — if fiduciaries follow specified vetting processes.

#retirement, #401k, #labor, #privateequity, #regulation

White House Analysis: Ban on Stablecoin Yields Would Add Only Modest Bank Lending

CEA research finds a federal ban on stablecoin yields would raise U.S. bank lending by about $2.1 billion under current conditions; worst‑case $531B.

#stablecoin, #banks, #regulation, #fintech