Federal Reserve
Fed’s Waller Sees Another ‘Significant’ Rate Hike This Month; SEC Enforcement Chief: We Can’t Ignore Crypto Law-Breaking
Federal Reserve Governor Christopher Waller said Friday he expects a big interest rate increase later this month. Gurbir Grewal, director of enforcement at the U.S. Securities and Exchange Commission, said his agency can’t look the other way as the crypto industry violates securities laws.
Bitcoin Jumps Most in 6 Months as Investors Anticipate US CPI Report
Bitcoin and other major cryptocurrencies bounced early Friday as traditional market investors shrugged off U.S. Federal Reserve Chairman Jerome Powell’s pro-liquidity tightening stance. “The Hash” team discusses the macro environment and its impact on crypto.
Bitcoin Jumps Most in 6 Months as Hopes for 2023 Rate Cut Persist
ING expects a rate cut in June 2023 followed by further easing in the second half of the year.
Federal Reserve to Act 'Forthrightly, Strongly' Until Inflation 'Job Is Done,' Powell Says
The U.S. central bank is expected to raise its benchmark interest rate by another 75 basis points this month.
House Republicans Want Answers From Fed on Digital Dollar
Rep. Patrick McHenry and others from the House Financial Services Committee sent a letter demanding clarity from Fed Vice Chairwoman Lael Brainard on the topic.
Fed Vice Chair Brainard Calls for Crypto-Specific Regulations, Notes Stablecoin Risks
While crypto "has all the same risks that we’re very familiar with from traditional finance,” its quirks need tailored solutions, Lael Brainard said.
Hawkish Fed Chatter Has Wall Street Betting on Big Rate Hike, Crypto Traders Shorting Bitcoin
Some of the central bank's officials want to see "several months" of low inflation to gain confidence that price pressure is easing.
Crypto Oversight Should Resemble Traditional Bank Rules, Fed Official Says
Fed Vice Chair for Supervision Michael Barr said crypto activity needs similar oversight to traditional bank activities, in his first speech since taking office.
Bitcoin Dips Below $19K, Hitting Lowest Point in Two Months
The price fell to $18,680 on Tuesday, a point not seen since late June.
The Fed Wants You to Lose Money in Stocks and Probably Crypto, Too
Monetary policy works through financial conditions, including equities and consequently crypto, which has been highly correlated with the equity market.
