News published on Monetary Brief in May 2025

News from May 2025

BaFin warns of unauthorized services by 'Everix Edge'

The German Federal Financial Supervisory Authority (BaFin) has issued a warning regarding "Everix Edge," alleging that its operators are contacting consumers via email to offer unauthorized financial, investment, and cryptoasset services.

Federal Reserve's role discussed at Hoover Institution panel

President Hammack recently participated in a panel discussion at the Hoover Institution, addressing "The Outlook for the Economy and Monetary Policy" on May 9, 2025.

Fed survey shows mixed inflation outlook and declining household financial confidence

The Federal Reserve Bank of New York's Center for Microeconomic Data has published the April 2025 Survey of Consumer Expectations.

Bank of Canada warns of heightened risks from US trade policies

The Bank of Canada has released its Financial Stability Report, highlighting the current risks and vulnerabilities facing Canada's financial system.

Carlyle reports first quarter earnings for fiscal year 2025

Global investment firm The Carlyle Group Inc. has released its unaudited financial results for the first quarter of 2025, ending March 31.

FCA warns about Liman Capital for unauthorized services

The Financial Conduct Authority (FCA) has issued a warning regarding Liman Capital, a firm allegedly offering financial and crypto-related services without proper authorization.

Treasury highlights job growth and efficiency under Trump administration

Chairman Joyce, Ranking Member Hoyer, and Members of the Subcommittee gathered to hear Secretary Scott K. H. Bessent's statement before the United States House of Representatives Appropriations Subcommittee on Financial Services and General...

Treasury Secretary Bessent's upcoming trip to Switzerland aims at economic discussions

On May 8, Secretary of the Treasury Scott K.H. Bessent is set to travel to Switzerland.

Federal Reserve maintains current interest rates amid economic uncertainty

Recent economic indicators suggest continued expansion at a solid pace, according to the Federal Reserve's latest statement.

EU's new regulations impose strict rules on high-risk artificial intelligence applications

The European Union's AI Act, which took effect on February 1, 2025, sets forth compliance requirements for entities using AI systems.

Boston Fed examines rising bank loans to private equity and credit funds

Loan commitments from large banks to private equity and private credit funds have seen a significant increase, according to a recent note from the Federal Reserve Bank of Boston.

Carlyle and SK Capital secure approvals for bluebird bio acquisition

bluebird bio, Inc., along with Carlyle and SK Capital Partners, announced that they have obtained all necessary regulatory approvals to finalize the acquisition of bluebird by Carlyle and SK Capital.

James B. Milliken appointed as University of California's new president

The University of California Board of Regents has announced the appointment of James B. Milliken as the 22nd president of the UC system, a move approved today.

NAS elects eight UC Berkeley scholars for distinguished research contributions

The National Academy of Sciences has inducted eight faculty members from the University of California, Berkeley, acknowledging their significant and ongoing contributions to research across various disciplines.

U.S. and Japan reaffirm strong bilateral ties and economic security discussions

Washington, May 2, 2025 — On Thursday, Secretary of the Treasury Scott K.H. Bessent, Secretary of Commerce Howard Lutnick, and U.S. Trade Representative Jamieson Greer met with Japan's Economic Revitalization Minister Ryosei Akazawa.

Treasury roundtable discusses strategies to tackle homeowners insurance challenges

Today, a roundtable discussion was convened by the Federal Insurance Office (FIO) at the U.S. Department of the Treasury.

Andhra Pradesh plans India's largest quantum computer with IBM and TCS partnership

IBM and Tata Consultancy Services (TCS) have teamed up with the Government of Andhra Pradesh to advance quantum computing in India.

Diego Rivera mural finds permanent home in UC Berkeley’s Doe Library

The mural by renowned Mexican artist Diego Rivera, titled "Still Life and Blossoming Almond Trees," has found a new home at the University of California, Berkeley’s Doe Library.

BaFin warns consumers about unauthorized services on consorsglobal.com

The German Federal Financial Supervisory Authority (BaFin) has issued a warning to consumers regarding the website consorsglobal.com, which is offering financial, investment, and cryptocurrency services without the necessary authorization.

FCA issues a warning on unauthorized financial services by apexmarkets.live

The Financial Conduct Authority (FCA) announced a warning about apexmarkets.live for offering financial and crypto-related services without proper authorization.