Despite the US Federal Reserve keeping interest rates unchanged, its continued “hawkish” stance on monetary policy could continue to put pressure on …
Feds
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Finance
Following the Fed’s Interest Rate Decision and Kevin Warsh’s Remarks, Experts Gathered and Shared Their Latest Insights
by shayaanby shayaanThe fact that three members opposed the Fed’s decision to keep interest rates unchanged strengthened expectations that a more independent and divergent …
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Finance
Fed’s Limited Payment Account Offers No Real Alternative to Master Accounts
by shayaanby shayaanAnchorage Digital, a federally chartered crypto bank, has publicly stated that the U.S. Federal Reserve’s recent proposal for a limited-purpose payment account …
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Finance
Full Details and Statement on the Fed’s Interest Rate Decision Released
by shayaanby shayaanThe Fed, as expected, kept its policy interest rate unchanged at 3.50-3.75 percent. Thus, the Fed did not change interest rates for …
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Scams
Feds Arrest Florida Man Over Video Game Malware That Stole $220K in Crypto
by shayaanby shayaanIn brief Federal agents arrested 21-year-old Zyaire Wilkins of North Lauderdale, Florida, accusing him of helping run a scheme that hid crypto-stealing …
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Finance
Stablecoins are quickly becoming the Kevin Warsh’s Fed’s next policy problem
by shayaanby shayaanStablecoins have moved from a crypto-policy-side market to Kevin Warsh’s Federal Reserve’s dollar-policy agenda. Fed Governor Christopher Waller used the central bank’s …
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Regulation
Jerome Powell Supports Fed’s New Stablecoin Policies—But Chair Kevin Warsh Abstains
by shayaanby shayaanIn brief The Federal Reserve proposed new rules requiring U.S. crypto firms to verify stablecoin users. Former Fed Chair Jerome Powell backed …
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Finance
The Fed’s rate lever is breaking as bond markets stop following its lead
by shayaanby shayaanFor decades, the Fed stabilized the economy with one simple tool: interest rates. Raise them to cool inflation, and cut them to …
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Mary Daly says the Fed cannot restore price stability by “harming the economy,” underscoring a cautious stance on rates as inflation lingers …
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Markets
Google engineer insider-traded search results on Polymarket, Feds allege
by shayaanby shayaanThe charges mark the second major arrest over insider trading on a prediction market. www.coindesk.com