Key Takeaways The Federal Reserve has issued its annual survey on Americans’ financial lives, which suggests that they are more likely to use cryptocurrency as an investment tool than as a payment method. Low-income people were also shown to be…
President Biden announced his intent to nominate Michael Barr as the next Vice Chair for Supervision of the Federal Reserve. According to President Biden Michael brings the expertise and experience necessary for this important position. Yesterday in a statement President…
Key Takeaways: The US Federal Reserve released meeting details that show an inflated $9 trillion balance sheet. It is believed to be caused by trillions of dollars in government spending (Treasury and fiscal policy) The Fed’s liquidity paradigm change will…
Key Takeaways: Christopher Waller, a member of the Federal Reserve Board of Governors, remarked on Friday that “blockchain is totally overrated,” comparing some research papers on central bank digital currency (CBDC) to infomercials. The Fed governor also stated that he…
Follow us on Google News Key Takeaways: Fed released its FOMC statement on January 26. The statement includes an elevated view of the country’s economic condition. The Committee also reveals its long term plans and goals. On January 26, the…
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