Federal Reserve
Why Did Crypto Surge After Bad Inflation News?
Thursday’s ludicrous price action across asset markets shows just how weird things can get when the Federal Reserve is driving the bus.
Por que a Cripto surgiu após más notícias sobre inflação?
A ridícula ação dos preços de quinta-feira nos Mercados de ativos mostra como as coisas podem ficar estranhas quando o Federal Reserve está dirigindo o ônibus.
Pourquoi la Crypto a-t-elle augmenté après de mauvaises nouvelles sur l’inflation ?
L'évolution ridicule des prix sur les Marchés d'actifs de jeudi montre à quel point les choses peuvent devenir étranges lorsque la Réserve fédérale mène le bus.
Markets Predict Another 75-Basis-Point Hike by the Fed
"A recession is not only inevitable, but it almost doesn't matter," Bob Iaccino of Path Trading Partners says, following another hotter-than-expected inflation report. He adds that another 75-basis-point hike by the U.S. Federal Reserve is "not a surprise."
Fed's Barr: Regulators Should Use 'Range of Options' in Fintech
Federal Reserve Vice Chair for Supervision Michael Barr spoke at a DC Fintech Week event to a policy-focused crowd, noting that risk management is a key issue for regulators. “The range of options available for dealing with emerging technologies and those benefits are solid,” Barr said. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details. Plus, insights on negotiations over Congress’ leading stablecoin bill.
Bitcoin Sinks After US CPI Report Shows Inflation Hotter Than Expected
The "core" Consumer Price Index, seen as a more steady indicator of inflation, rose 6.6% from a year prior – a four-decade high.
Digital Asset Bank Custodia Files Petition in US Court Over BNY Mellon's Crypto Approval
Custodia alleges the Kansas City Federal Reserve Board of Governors showed favoritism over approval delays, while giving BNY Mellon a green light to engage in crypto custody.
IMF’s Georgieva Warns Central Banks to Hoard Reserves, Follow Fed Hikes
The official's comments might be relevant to bitcoin traders because the largest cryptocurrency has proven to correlate with the dollar's strength in foreign-exchange markets.
Fed’s Michael Barr: Crypto ‘Unlikely' to Grow Into Money Substitutes
Federal Reserve Vice Chair for Supervision Michael Barr spoke at a DC Fintech Week event, noting that crypto is "unlikely to grow into money substitutes and become a viable means to pay for transactions" due to the high volatility. Plus, he explains why stablecoins could post potential risks to financial stability.