Federal Reserve
Inflation Still Too High — Fed's Jeff Schmid Explains His Vote Not to Cut Rates This Week
The Kansas City Fed President said lower rates can't do a lot to improve what he calls "structural changes" in the labor market.
Crypto Markets Today: Bitcoin Tests $110K as Traders ‘Sell the News’ on Fed Cut, U.S.-China Deal
Bitcoin slid to its $110,000 support as the broader crypto market shed $80 billion following the Federal Reserve’s interest-rate cut and a new U.S.-China trade agreement.
Bitcoin Tumbles Back to $110K on Fed's Powell's Hawkish Comments
Though acknowledging growing weakness in the labor market, Powell said a December rate cut is not a "foregone conclusion."
Crypto Markets Today: Bitcoin Consolidates at $113K Ahead of Potential U.S.-China Trade Deal
The crypto market paused midweek as traders looked to the Federal Reserve’s interest-rate call and progress on a potential U.S.-China trade agreement.
Bitcoin Set for Massive Surge as Bank Reserves Near 'Danger Zone,' Says Adam Livingston
The Kobeissi Letter reported that bank cash at the Federal Reserve fell to about $2.93 trillion; Adam Livingston says that level signals a shift that would favor bitcoin.
A ‘Skinny’ Fed Master Account Could Bring About Narrow Banking
Fed Governor Chris Waller’s payments account proposal would let the private sector innovate at the front end and keep the Fed as the trusted settlement layer behind it, argues Digital Self Labs’ Linda Jeng.
Gov. Waller: U.S. Fed to 'Embrace Disruption,' Pitches 'Skinny' Master Account Idea
At its first event on payment innovations, the Federal Reserve's Christopher Waller suggested a compromise over the crypto world's "master account" aims.
Recent Fedspeak Confirms Intentions for Rate Cuts to Contiue: BofA
There appeared to be consensus around growing labor market risks even as sticky inflation remains an issue.
U.S. Fed's Barr Catalogues Dangers to be Dodged in Future Stablecoin Regulations
Federal Reserve Governor Michael Barr, who was the central bank's regulatory chief during the Biden administration, flagged potential stablecoin pitfalls.
Ripple CEO Bashes Wall Street Bank Opposition of Fed Master Accounts for Crypto
CEO Brad Garlinghouse, whose company is seeking a federal bank license and Federal Reserve "master account," called banker pushback "hypocritical."
