Federal Reserve


Markets

US Cash in Circulation Sees Biggest Increase Since the Y2K Bug Panic, Fed Data Indicates

U.S. currency in circulation has experienced its largest increase in over 20 years.

Credit: Shutterstock

Markets

After Coronavirus 'War,' Bretton Woods-Style Shakeup Could Dethrone the Dollar

Seismic shifts might be in the offing for the global monetary system — a phenomenon that historically has occurred in the wake of world wars.

OLD GUARD: The Bretton Woods gathering in 1944 entrenched the dollar’s near-century-long reign as the world’s dominant currency (Credit: U.S. Office of War Information in the National Archives, via World Bank).

Tech

Bitcoin and Gold: Evaluating Hard-Cap Currencies in Times of Financial Crisis

How would a bitcoin economy react to coronavirus? For now, we don’t know. However, we can turn to a proxy for insight: gold.

(itti ratanakiranaworn/Shutterstock)

Markets

Into the Unknown: No Limit on Fed Money Injections

Drastic measures are being taken by the Federal Reserve as Wall Street reels from fresh predictions of a steep drop-off in economic output due to coronavirus-related lockdowns, business disruptions and job losses.

Printing press image via Shutterstock

Markets

Bitcoin, Gold Spike as Fed Unveils Unlimited Coronavirus Stimulus Package

The Federal Reserve has announced a quantitative easing package with no upper limit to support the U.S. economy amid the coronavirus crisis.

Federal Reserve. Credit: Shutterstock

Markets

Fed Stands Ready to Replace Infected Greenbacks With Clean Bills

The Fed doesn’t plan to destroy banknotes as China did, but it has a stockpile of fresh greenbacks should it need to replace what’s in circulation.

The Fed doesn't think destroying bills is necessary to stop COVID-19, but it has infection-free bills waiting in the wings. (Image by Danny Nelson/CoinDesk)

Markets

After a Wild Ride, Stocks Take a Breather and Crypto Bounces Back

Cryptocurrency markets stabilized somewhat as traditional financial markets found some footing Tuesday.

mar17updatebpi

Markets

The Fed's $700B Bazooka Misfires, Feat. CoinDesk's Michael Casey and Noelle Acheson

Far from reassuring the markets, the Fed’s dramatic action over the weekend seems to have spooked them instead.

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Markets

QE4 Begins: Fed Cuts Rates, to Buy $700B in Bonds

Effectively, this is “QE4,” the fourth major round of quantitative easing by the American central bank since the global financial crisis a little more than a decade ago.

Fed Chairman Jerome Powell

Markets

In Echo of 2008, Fed Pledges $1.5 Trillion Injection to Aid Reeling Markets

The pumping of trillions of dollars of fresh liquidity into the financial system recalled the central bank’s unprecedented efforts during the last crisis.

The U.S. Federal Reserve is taking a more cautious approach towards CBDCs than in many other countries, including China.