Federal Reserve Vice Chair for Supervision Michelle Bowman urged regulators to work more closely together as artificial intelligence tools rapidly make their …
Feds
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Finance
Fed’s Goolsbee warns rate cuts may be delayed until 2027 on Iran war oil shock
by shayaanby shayaanAustan Goolsbee has warned the Federal Reserve may need to keep interest rates on hold until 2027 if the Iran war keeps …
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A top U.S. central banker sounded a stark warning about the risks posed by stablecoins on Tuesday, saying that even after the …
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Scams
Fed’s Barr Says Stablecoins Need Tighter Controls to Fight Money Laundering
by shayaanby shayaanIn brief Fed Governor Michael Barr called on regulators to implement anti-money-laundering controls for stablecoins following last year’s passage of the GENIUS …
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Macroeconomist Adam Kobeissi stated that the risks facing the Fed are increasing, and that the current economic outlook resembles “the Fed’s worst …
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Finance
Fed’s Miran speaks, Bitgo earnings, Casper hard fork: Crypto Week Ahead
by shayaanby shayaanAs the war with Iran enters its fourth week, crypto markets will be dominated by macro events. Off the global stage, however, …
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Finance
Following the Fed’s Decision and Jerome Powell’s Remarks, Analysts Immediately Assessed the Situation: What Should We Expect?
by shayaanby shayaanFollowing the Fed’s decision to keep interest rates unchanged, Chairman Jerome Powell’s statements and updated projections led to differing interpretations in the …
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Finance
Kraken wins landmark approval to operate on Fed’s core payment systems
by shayaanby shayaanKraken is the first crypto firm in the US to gain a master account at the Fed for professional and corporate clients. …
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Finance
The Fed’s PCE Data Used to Measure Inflation Has Been Released! What Was Bitcoin’s (BTC) Initial Reaction?
by shayaanby shayaanSelling pressure stemming from geopolitical risks continues to affect global markets. While escalating tensions between the US and Iran continue to negatively …
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Finance
Fed’s Neel Kashkari calls crypto ‘utterly useless,’ dismisses stablecoins as ‘buzzword salad’
by shayaanby shayaanNeel Kashkari, president of the Federal Reserve Bank of Minneapolis, offered a blunt take on digital assets, arguing that cryptocurrencies, including bitcoin …