Federal Reserve


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

Policy

US Moves to Cast a Wider Net for Catching Money Launderers, Crypto or Otherwise

The Fed and the Financial Crimes Enforcement Network want to lower the threshold for reporting financial transactions and make sure crypto is included.

caphill

Videos

Fed Chair Jerome Powell Emphasizes Caution in CBDC Remarks

Saying “It's more important to get it right than to be first,” Federal Reserve Chairman Jerome Powell suggested the U.S. isn’t rushing to win a global race to develop a Central Bank Digital Currency. Speaking at the annual International Monetary Fund meeting, he did, however, reiterate that research is moving forward and spoke of experiments underway.

Recent Videos

Policy

Major Meeting of Central Banks Produces Same Old 'Evaluating' CBDCs Refrain

CBDCs continue to draw attention from central bankers, but panelists at an IMF event – including the Federal Reserve – do not expect to see their nations launch one soon.

Federal Reserve Chairman Jerome Powell

Policy

IMF, World Bank, G20 Countries to Create Central Bank Digital Currency Rules

Many of the world's largest economies will institute national digital currency banking standards with the International Monetary Fund and World Bank.

pig, digital, bank

Policy

Federal Reserve, 6 Other Central Banks Set Out Core Digital Currency Principles

The seven central banks, along with BIS, have released a report setting out agreed core objectives that must be met by national digital currencies.

Blueprints

Markets

Bitwise Bitcoin Fund Doubles to $9M as Investor Fears Grow Over Runaway Inflation

Record fiscal stimulus has pushed wealthy investors to invest in Bitwise's bitcoin fund as a means to hedge against inflation.

Matt Hougan