CBDCs ‘Threaten Americans’ Core Freedoms’ — Cato Institute
A report from the Cato Institute argues that a United States government-issued central bank digital currency, or CBDC, would usurp the private sector and threaten citizens’ privacy and core freedoms.
Fed’s Waller: US Inflation Can Drop Without Much Harm to Job Market
U.S. Federal Reserve Governor Christopher Waller on Friday said recent data is consistent with the notion that the U.S. central bank may be able to drive down inflation without serious harm to the labor market.
Fed Watchdog Launches Investigation Into SVB Supervision
The Federal Reserve’s internal watchdog has launched its own review of the failure of Silicon Valley Bank.
Central Bank Digital Currencies Will Affect Your Investments and Financial Future
The Federal Reserve currently only recognizes one form of currency: physical Federal Reserve notes.
Market Strategist Discusses 'Super Bubbles' Bursting — Warns of 'Outrageously Consequential, Painful Effects'
Jeremy Grantham, co-founder and chief investment strategist of asset management firm GMO, has warned of "superbubbles" bursting due to the Federal Reserve repeatedly causing asset bubbles. Grantham criticized the Fed for creating an environment conducive to a chain-linked series of super bubbles that break with outrageously consequential, painful effects. He compared the present economic situation to that of 2000, emphasizing that it's an everything bubble. Grantham believes that every super bubble is followed by a recession and, if anything goes wrong, a depression. He predicts that the bear market is unlikely to end until deep into next year, and after April, we will probably begin to see pressure on profit margins, GDP growth, and the labour market. (Bitcoin.com)
Billionaire 'Bond King' Jeffrey Gundlach Predicts the Fed Will Cut Rates Substantially Soon
Billionaire Jeffrey Gundlach, aka the “Bond King,” has predicted that the Federal Reserve will be cutting interest rates substantially soon. “Red alert recession signals,” he added, noting that all U.S. Treasury yields two years and out are “well below the fed funds rate.”
Federal Reserve Releases Reasoning Behind Custodia Bank's Membership Application Rejection
Custodia's membership application and its application for a master account were denied in January.
Fed Explains Why Custodia Got an ‘F’ on Its Examination
The Federal Reserve published its previously announced rejection of Custodia Bank’s application to become a member of the Fed system, citing the lender's management, financial condition and narrow focus on digital assets as reasons for its failure.
Banking Crisis Sparks Uncertainty in European and U.S. Monetary Policy
Credit Suisse and the shares of European and American banks were sold off, causing the panic triggered by the collapse of Silicon Valley banks to continue to spread.
Are We Back to a Risk on the Environment?
Congratulations on surviving another week of the markets being at the whim of the decisions made at the Federal Reserve.
