The last central bank to deliver its monetary policy statement this week was the Bank of Japan. Much has been said about central banks’ actions this week – a week that may go down as one of the wildes...
Tag: Policy
Crypto Billionaire Mike Novogratz Says Bitcoin Will Lead Market Recovery When One Policy Is Reversed
Galaxy Digital founder and CEO Mike Novogratz is optimistic Bitcoin (BTC) will lead the markets to recovery once a key policy decision is reversed. Novogratz says in a CNBC interview that once the Fed...
Almost $100M exits US crypto funds in anticipation of hawkish monetary policy
Institutional investors offloaded $101.5 million worth of digital asset products last week in “anticipation of hawkish monetary policy” from the United States Federal Reserve, according to CoinShares....
Biden Foreign Policy Eviscerated By Steve Forbes
One unappreciated reason for financial market turbulence is that the world situation is headed in a bad direction. This unraveling means a more ominous future for the economy and stocks. This episode ...
CPI Inflation Rate Shock Jolts Fed Policy Outlook; Dow Jones Tumbles
The consumer price index came in hotter than expected in May, as the CPI inflation rate eclipsed March’s 40-year peak. Following Thursday’s stock market rout, the Dow Jones fell sharply a...
Former German Chancellor Merkel Defends Russia Policy Against Accusations Of Appeasement
Topline Former German Chancellor Angela Merkel argued Tuesday that Russia would have invaded Ukraine much earlier if not for steps by Germany and its allies, as German officials face accusations their...
Changing Policy Starts With Changing Minds
Aeneas and Achates on the Libyan Coast, circa 1520. Artist Dosso Dossi. (Photo by Heritage … [+] Art/Heritage Images via Getty Images). Heritage Images via Getty Images Do not give in to the woe...
Despite Musk’s ultimatum, Twitter to continue WFH policy forever
Twitter, which was one of the first to adopt a work-from-home-forever policy in the early days of the epidemic, approximately May 2020, isn’t on the list of companies strengthening their hold on remot...
Crypto’s Rise Could Change Fed’s Monetary Policy, Says Top Bank Exec
John Williams – President and CEO of the Federal Reserve Bank of New York – believes the institution should closely monitor the transformations of the cryptocurrency industry and, if needed, make nece...
White House Working on Policy to Lower Bitcoin Energy Use
The White House is working on policy recommendations to control Bitcoin energy consumption and carbon footprints in the United States, Bloomberg Law reported Thursday. The move comes after a series of...
White House prepares policy to fight Bitcoin mining environmental impact
The United States government plans to unveil the first-ever policy targeting Bitcoin mining to address factors like the sector’s energy regulation and climatic impact. The policy proposal is expected...
Fed Paper Sheds Light On Possible Impacts Of CBDCs On US Monetary Policy
The US has been giving constant thought to the Central Bank Digital Currency (CBDC) for quite some time now. The US Federal Reserve has released the latest study on the potential impacts of a re...
Tesla’s remote-work policy reveals Elon Musk’s big blind spot — Quartz
Elon Musk is calling Tesla executives back to the office—and using factory workers’ demanding schedules to justify his orders. The Tesla CEO sent out an email on May 31 entitled “Remote work is no lon...
Putting Wheels On Bad Policy
Cities really have to try to destroy themselves; lots of work is underway to expand rent control, … [+] eviction bans, and taxes on new housing supply. getty Over the last decade working on hous...
Fed paper looks at the potential effects of CBDC on monetary policy
On Tuesday, the United States Federal Reserve released a study on the possible effects of a retail central bank digital currency (CBDC) on U.S. monetary policy implementation. The study, dated April, ...
We Need A Win-Win Energy Policy
Sweetwater in Texas aims to be the windpower capitol of the world. A pumpjack siphons oil in the … [+] foreground. Best known for the annual Rattlesnake Roundup Festival now also host the West T...
China’s Covid Policy Is Costing It Foreign Investors’ Confidence
American companies such as Tesla have had their China operations disrupted by Covid lockdowns in … [+] Shanghai in the past several weeks. (Photo by Xiaolu Chu/Getty Images) Getty Images Shangha...
The Fed Must Decide Between Two Policy Mistakes, Says Economist – Economics Bitcoin News
Allianz Chief Economic Advisor Mohamed El-Erian says the Federal Reserve will have to “decide between two policy mistakes.” One risks triggering a recession and the other could prolong inflation well ...
Fed minutes: May 2022 – Monetary policy may move into restrictive territory
Federal Reserve officials earlier this month stressed the need to raise interest rates quickly and possibly more than markets anticipate to tackle a burgeoning inflation problem, minutes from their me...
Bitcoin stands apart from other crypto, and what that means for US public policy
United States President Joe Biden’s executive order on digital assets has kickstarted an interagency mission to support financial innovation while protecting American consumers and interests. While ma...
Panama President Won’t Sign Crypto Law without Tough Anti Money Laundering Policy – crypto.news
Recently, Panama president Laurentino Cortizo announced that he would not sign a new crypto-friendly bill passed by the parliament last month. According to reports, the President wants to ensure that ...
Judge Blocks Biden Administration From Ending Title 42 Migrant Policy
Topline A federal judge on Friday afternoon blocked the Biden Administration from letting the controversial Title 42 migrant policy expire on Monday as planned, amid concerns it would accelerate a gro...
Coinbase Creates A Global Think Tank To Shape Policy Debate Around Cryptocurrencies
The leading cryptocurrency exchange, Coinbase, has announced that it will be launching a global think tank to form the policy debate around cryptocurrencies as regulators and Congress explores how cry...
Congress Has Introduced 50 Digital Asset Bills Impacting Regulation, Blockchain, And CBDC Policy
The 118th Congress has reached a milestone of seeing 50 bills and resolutions that have been introduced so far which cover the crypto regulatory landscape in a variety of ways. The number of bills doe...
Coinbase Launches Coinbase Institute to Help Shape Web3 Policy
On Tuesday, Coinbase launched its “global crypto-native think tank,” dubbed the Coinbase Institute, in its efforts of accelerating its Web3 research. The Coinbase Institute will anchor around four cor...
JPY forecast amid the Bank of Japan keeping the monetary policy easy
The rapid depreciation of the Japanese yen (JPY) in the last couple of years led to one of the most impressive moves seen in the FX market in recent history. The yen simply melted, losing value agains...
Energy Policy Failures May Lead To Summer Blackouts
This episode of What’s Ahead lays out why we are in for serious power outages this summer. The problem isn’t that we’ll be experiencing an unforeseeable surge in electricity; it’s that bad government ...
Crypto market is ‘immune to general monetary policy,’ study reveals
The debate around whether returns on cryptocurrencies are not affected by the ripple effects that are created by shifting monetary policy on a global scale continues. Apparently, international monetar...
Viktor Orban’s Goulash Energy Policy Makes Hungary Putin’s Trojan Horse In Europe
Hungary’s Prime Minister addresses cheering supporters during an election night rally in Budapest, … [+] Hungary, Sunday, April 3, 2022. (AP Photo/Petr David Josek) ASSOCIATED PRESS On Wed...
Cryptocurrencies Will Seriously Undermine RBI’s Capacity to Determine Monetary Policy
The RBI’s concerns mostly revolve around money laundering and crypto-sponsored terrorism. The Reserve Bank of India, popularly known as the RBI, has raised a red flag on the effects of cryptocurrencie...
Goldman Sachs gives senior managers a new perk: ‘flexible vacation’ policy
David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Goldman Sachs is giving its top managers a new perk more common in the...