Federal Reserve
Bitcoin, Gold Are Likely to Withstand Fed Taper, SkyBridge Capital Says
They will show resilience even if the central bank curtails its monetary stimulus program.
US Added 559K Jobs in May, Missing Estimates Again
The sluggish economy could prompt the U.S. Federal Reserve to more slowly toward tapering its $120 billion in monthly bond purchases.
Fed Research Finds Private Digital Currencies Can Be 'Attractive Cash Alternative' for Firms
The Richmond Fed looks at if and when it may be beneficial for firms to issue a digital currency in a new brief.
Brian Brooks: 'Bad Idea to Politicize the Banking System'
During a 1:1 discussion at Consensus 2021, former Acting Comptroller of the Currency Brian Brooks, now CEO of Binance.US, emphasized the idea of a bank that is "custodying fine art collections or rare wines gets access to the Fed but a bank that is custodying crypto private keys can’t" has no justification outside of political ideology.
Binance.US CEO Brian Brooks: Excluding Crypto Banks From Fed System Is ‘Dangerous’
Brooks had some choice words for U.S. policymakers in an appearance Thursday at Consensus 2021.
Larry Summers: I Think We’re Taking Very Substantial Risks on the Inflation Side
Speaking at Consensus 2021, former Treasury Secretary Larry Summers said current fiscal stimulus policy and actions by the Federal Reserve are contributing to an environment of substantial inflation risk.
Lawrence Summers on Inflation: Fed ‘Will Only Remove the Punch Bowl After It Sees People Staggering Around Drunk’
“I think policy is rather overdoing it,” the former U.S. Treasury secretary said at Consensus 2021.
Lawrence Summers sobre a inflação: o Fed ‘só removerá a tigela de ponche depois de ver pessoas cambaleando bêbadas’
“Acho que a Política é um exagero”, disse o ex-secretário do Tesouro dos EUA no Consenso 2021.
Lawrence Summers à propos de l’inflation : la Fed « ne supprimera le bol à punch qu’après avoir vu des gens tituber ivres »
« Je pense que la Juridique en fait un peu trop », a déclaré l’ancien secrétaire au Trésor américain lors du Consensus 2021.
Lawrence Summers sull’inflazione: la Fed “rimuoverà la ciotola del punch solo dopo aver visto le persone barcollare ubriache”
“Penso che la Politiche stia piuttosto esagerando”, ha detto l’ex segretario al Tesoro americano al Consensus 2021.