Federal Reserve


Markets

Deutsche Bank Issues Stark US Inflation Warning, Seeing Economic Parallels to 1940s, 1970s

Inflation could send the global economy into recession as central banks lose control, according to Deutsche Bank.

Deutsche Bank

Markets

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.

Federal Reserve Chair Jerome Powell

Markets

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.

MOSHED-2021-6-2-11-29-26

Policy

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.

Federal Reserve building

Videos

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.

Recent Videos

Finance

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.

Binance.US CEO Brian Brooks

Videos

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.

CoinDesk placeholder image

Markets

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.

Larry Summers, the former U.S. Treasury Secretary

Videos

Fed's Brainard Says Global Growth of CBDCs Highlights Need for US to Develop Standards

Speaking at CoinDesk's Consensus 2021, Federal Reserve Governor Dr. Lael Brainard says the design of any central bank digital currency (CBDC) like a digital dollar would need to safeguard household payments and prevent illicit activity.

Recent Videos

Markets

Fed's Brainard Breaks Down CBDC Policy Considerations, Sees Price Pressures Waning in the Future

The Federal Reserve governor discussed cryptocurrencies and a digital dollar at Consensus 2021.

Federal Reserve Governor Lael Brainard