Browsing Tag
Fed’s
5 posts
Fed’s Williams signals support for quarter-point interest rate cuts
Investing.com -- A senior Federal Reserve official voiced confidence that the central bank is now "well positioned" to achieve a soft landing for the U.S. economy. He hinted at a more gradual pace of rate cuts after September's significant half-point reduction. John Williams, president of the New York Fed, remarked that the "very good" September
Fed’s Bostic open to another jumbo rate cut if jobs market unexpectedly weakens
Investing.com -- Atlanta Federal Reserve President Raphael Bostic signaled on Monday that he was open to backing another 50 basis point rate cut at the Fed's November should the labor market show unexpected weakness. "A surprise to the weak side .... would pull me much further into really needing another dramatic move," Bostic said in an
The Fed’s proposed CBDC: a dystopian nightmare or a necessary evolution of the dollar?
U.S. › CBDCsThe potential digital dollar is the embodiment of everything the crypto industry fears.The U.S. Federal Reserve has taken its first step towards issuing a central bank digital currency (CBDC). And while a digital dollar is still years away even if the Fed decides to move forward with the idea, the prospect of an…
Fed’s Harker says he worries inflation won’t be as transient as expected
Please try another search Economy19 hours ago (Oct 01, 2021 12:16PM ET) © Reuters. FILE PHOTO: Federal Reserve building is pictured in Washington, DC, U.S., August 22, 2018. REUTERS/Chris Wattie/File Photo NEW YORK (Reuters) - While he does not expect inflation to spiral out of control, Philadelphia Federal Reserve Bank President Patrick Harker said he…
Fed’s Powell has no intent to ban Bitcoin or crypto
Powell testified before the House Financial Services Committee on Thursday on matters related to the economy and the COVID-19 pandemic. 10705 Total views 55 Total shares United States Federal Reserve Chairman Jerome Powell believes the federal government needs to regulate the cryptocurrency market but that a blanket ban on Bitcoin (BTC) and other digital assets…