The central bank of the United States – the Federal Reserve – released a discussion paper that examines the advantages and disadvantages of rolling out a potential US CBDC. This is the first conversat...
Tag: Reserve
Uniswap Labs Hires Former Federal Reserve Economist
Key Takeaways The founder of Uniswap, Uniswap Labs, has hired Gordon Liao, a former Fed economist. Liao expressed his commitment to helping the DeFi world achieve its potential and detailed why he lef...
Federal Reserve Drops Report Outlining Pros and Cons of Central Bank Digital Currencies
The Federal Reserve has released its anticipated report on the feasibility of issuing a central bank digital currency (CBDC) in the United States. The Fed says the report serves as the first step to d...
US Federal Reserve Publishes CBDC Report, Wants Further Dialogue
The U.S. Federal Reserve has published a lengthy paper on a dollar-based central bank digital currency and asked for input. It did not recommend any specific policy, though it did state that a CBDC co...
Joe Biden Claims Inflationary Pressure ‘Rests With the Federal Reserve,’ Praises the Fed’s ‘Extraordinary Support’ – Economics Bitcoin News
On Wednesday, U.S. president Joe Biden explained that the country’s central bank was dealing with a large share of the inflationary pressures the American economy is dealing with today. Biden welcomes...
Federal Reserve publishes long-awaited central bank digital currency report
The US Fed’s long-awaited report on central bank digital currencies dropped Thursday afternoon. Framed as a discussion paper, the Fed notes in its introduction release that it “examines th...
Federal Reserve may trigger “deep corrections’ in stock market in 2022 with its actions, strategist warns
Investors should buckle up as it could get hairy this year with the Federal Reserve poised to begin lifting interest rates from rock bottom levels. “I definitely think we will experience more v...
The 60/40 portfolio ‘is in danger’ as Federal Reserve gears up for a rate-hike cycle in coming months
The traditional portfolio mix of 60% stocks and 40% bonds, historically seen as the safest allocation for investors of moderate-risk tolerance, “is in danger” as the Federal Reserve gears up for its f...
Mayor of Rio de Janeiro to Add Bitcoin To The City’s Treasury Reserve
In imitation of the path the mayor of the city of Miami had taken, the city of Rio de Janeiro might become the first Brazilian city and the first metropolis in South America to buy Bitcoin as a store ...
Rio De Janeiro Plans To Buy Bitcoin With City’s 1% Reserve; Tax Discounts Also To Be Offered
Brazil’s second most populous city, Rio de Janeiro, is all set to buy Bitcoin with 1% of the city’s treasury reserves, said Eduardo Paes, the city’s mayor. Rio will be the first-ever Brazilian city to...
Federal Reserve Balance Sheet May Shrink By $100 Billion A Month, Adding Stock Market Risk
The Federal Reserve gave the stock market a jolt on Jan. 5 when minutes from the December meeting revealed a consensus that Covid-era asset purchases should unwind sooner and at a faster pace than the...
Minnesota representative proposes bill to prevent Federal Reserve from issuing a CBDC
The US Federal Reserve is currently looking into the potential of a central bank digital currency (CBDC), with the report about the pros and cons of a digital dollar expected to be released in the com...
US Fed Reserve chair Jerome Powell changes his stance on stablecoins
The chair of the US Federal Reserve, Jerome Powell, has shared several sentiments regarding the crypto space, hinting that a clear crypto regulatory framework for the US could soon be unveiled. During...
The Federal Reserve Can Neither Suffocate You, Nor Elevate You
It’s all so predictable at this point: Fed minutes offering clues about its future plans come out, and the economic commentariat goes into a frenzy. Supposedly if the central bank “loosens,” it will “...
Here’s the biggest risk with what the Federal Reserve is about to do: Mohamed El-Erian
If the Federal Reserve is too heavy-handed with its interest rate hikes this year as a means to stomp out high rates of inflation, there is one critical risk that most investors probably aren’t ...
Federal Reserve Not Afraid To Raise Rates Further If Higher Inflation Persists, Powell Says
Topline The stock market turned positive after Federal Reserve Chairman Jerome Powell pledged in testimony before the Senate on Tuesday that the central bank wouldn’t hesitate to raise interest rates ...