Federal Reserve


Markets

Federal Reserve Keeps Rates Unchanged, Adds Qualitative Guidance on Pace of Money-Printing

The Federal Reserve said Thursday said it would hold U.S. interest rates at their current level, close to zero, and added qualitative criteria to govern how long it will keep up its $120-a-month bond-buying program.

Federal Reserve Chair Jerome Powell

Markets

First Mover: Stimulus Tests Bitcoin in Real-Time, and It Passes $20K

Bitcoin has climbed as more big investors said it might serve as a hedge against inflation. On Wednesday prices crossed $20K for the first time.

Bitcoin prices crossed above $20,000 on Wednesday for the first time.

Markets

New Federal Reserve 'Qualitative' Approach Could Push Further Into Experimental Realm

"Qualitative" is the new "quantitative" as economists predict the Federal Reserve will move to add subjectivity to its rules on money printing.

Federal Reserve Chair Jerome Powell

Markets

ENCORE: Luke Gromen on the History and (Declining) Future of the Global Dollar System

As some start to wonder about a post-Bretton Woods economic system, macro analyst Luke Gromen explains how that post-World War II system came to be.

Breakdown 11.27 Luke Gromen post-Bretton Woods economic system

Markets

Morgan Creek CEO Says Bitcoin Doing 'Extremely Well' Due to Fed Reserve's Dollar Devaluation

CEO Mark Yusko said that "zombie companies" have left the Fed no choice but to devalue the dollar, prompting investors to turn to bitcoin and gold.

Mark Yusko, founder and CEO of Morgan Creek Capital Management

Markets

First Mover: Why the Fed Cares About Remote Working – And What It Means for Bitcoin

The potential economic impact of a shift to widespread remote working is a matter of risk management: Authorities should be mapping out scenarios.

Even central bankers are working remotely these days – and having perfectly robust discussions of everything from the economy to stimulus to central bank digital currencies to telework.

Policy

ECB's Lagarde Has 'Hunch' Digital Euro Will Launch in 2-4 Years

ECB President Christine Lagarde says the impetus for a central bank digital currency could come from the need to facilitate cross-border finance.

ECB President Christine Lagarde speaks about the prospects for a digital euro at an online forum.

Markets

Debate Rages on Whether a Digital Dollar Will Unleash Inflation

Some speculate that if the Fed implements a digital dollar, soaring inflation will soon follow.

DoubleLine CEO Jeff Gundlach warns of inflation with a digital U.S. dollar.

Markets

Federal Reserve Keeps Rates Close to Zero, Maintains Asset Purchases

The statement is in keeping with economists' expectations for the U.S. central bank to take no new monetary policy actions.

Federal Reserve Chair Jerome Powell

Markets

US Charges Stanford Crypto Group Director With Defrauding His Former Employer – the Fed

Lawrence Rufrano allegedly hid his work at Stanford and blockchain startup Factom from disability benefits regulators.

stanford mosh