The Reserve Bank New Zealand has formed a new committee to make key decisions around financial stability. The Financial Policy Committee (FPC) will set prudential requirements for financial bodies ...

Veteran Silicon Valley investor and TiE co-founder cautions that soaring AI valuations and unrealistic expectations could trigger a sharp market correction — echoing the crashes of 1987 and the ...

SYDNEY--The Reserve Bank of New Zealand has established a new committee for the conduct of financial policy, giving it power over issues around financial stability and prudential issues for banks. The ...

WELLINGTON (Reuters) -New Zealand's central bank said on Tuesday it would form a new financial policy committee that would give it the power to set prudential requirements for banks and help it to ...

Both the International Monetary Fund (IMF) and the Bank of England are warning of an AI bubble that could burst sooner than later, citing soaring valuations and stock prices. Speaking at the Milken ...

LONDON, Oct 8 (Reuters) - Global financial markets could tumble if investors' mood sours on the prospects for artificial intelligence or the independence of the U.S. Federal Reserve, the Bank of ...

In its Financial Policy Committee Record published Oct. 8, the BoE said, “The risk of a sharp market correction has increased,” citing geopolitical tensions and sovereign debt pressures, alongside ...

The Bank of England's latest financial policy committee review was pretty blunt: "On a number of measures, equity market valuations appear stretched, particularly for technology companies focused on ...

AI bubble talk is in the air, and among the chorus of voices warning of an AI-fueled market bubble (which includes OpenAI CEO Sam Altman and Amazon’s Jeff Bezos) is the Bank of England, which warned ...

Federal Reserve officials are in the spotlight, as Atlanta Fed President Raphael Bostic is set to speak at a Nashville Area Chamber of Commerce and Fisk University event. Also. Fed Governor Stephen ...

The Bank of England has sounded the alarm, warning of an intensifying risk of a “sudden correction” in global financial markets driven by the spending frenzy on artificial intelligence. As Reuters ...

Investors worried about the financials of the technology giant’s cloud computing business, compounding broader worries about a sky-high stock boom. By Andrew Ross Sorkin Bernhard Warner Sarah Kessler ...