Tag Archives: federal reserve

The Federal Reserve has released a comprehensive working paper delving into asset tokenization and Risk-Weighted Assets (RWA). As the financial landscape continues to evolve, these innovative financial instruments garner significant attention for their potential to revolutionize investment strategies and reshape traditional markets. The paper explains that tokenization, similar to stablecoins, consists of five core components: a blockchain, a reference asset, a valuation...

Analysts believe that Bank of Japan would soon face pressure to raise interest rates and reverse from its loose monetary conditions. On Friday, September 22, Japan’s central bank decided to leave its interest rates unchanged amid “extremely high uncertainties”, and continue with its ultra-loose policy. Following its September meeting, the Bank of Japan confirmed its decision to keep short-term interest rates at -0.1%. The central bank also set a target to limit the yield on 10-year...

On Sept. 20, the CBDC Anti-Surveillance State Act passed out of the Financial Services Committee. Republican Senator Tom Emmer said it was, “A historical step in defending against an ever-expanding government surveillance state.” The House Majority Whip has been battling against Federal Reserve moves to develop a CBDC. The first anti-CBDC bill in the United States passed out of the Financial Services Committee today! A historical step in defending against an ever-expanding...

The Bank of England has halted its 14 consecutive interest rate hikes, keeping rates at 5.25% due to moderating inflation. Despite this, the economy remains precarious. The Bank of England has decided to end a streak of 14 consecutive interest rate hikes, keeping them at 5.25%, following data showing a moderation in inflation. According to CNBC, the Monetary Policy Committee voted 5-4 in favor of not raising rates at its September meeting, while 4 members indicated they would have...

The Federal Reserve announced no change to its policy interest rate following its Federal Open Markets Committee (FOMC) meeting on Wednesday. Likewise, Bitcoin’s price showed little change after the announcement, down just 0.17% on the day. Per the Fed’s announcement, the central bank “decided to maintain the target range for the federal funds rate at 5-1/4 to 5-1/2 percent.” The statement noted that while job gains have slowed, they remain elevated. Unemployment is also...

Asset management giant BlackRock expects the Federal Reserve to keep its policy interest rate flat at its next Federal Open Markets Committee (FOMC) meeting on Wednesday. The prediction is in line with market expectations and is suspected by analysts to offer Bitcoin (BTC) a meaningful short-term price boost. BlackRock’s Fed Forecast According to Marilyn Watson – BlackRock’s head of Global Fundamental Income Strategy – the central bank’s federal funds target rate will remain...

Prices of oil in the US hit a 10-month high as oil shortages are expected until the end of the year following Russia and Saudi output cuts. In response to fears of weaker supply, the prices of oil rose on Thursday. The West Texas Intermediate (WTI) crude climbed 1.6% to $90.04 per barrel, its highest point since November last year. Brent crude also sold at a 10-month record of $93.23 after rising 1.5%. The impact of the increase in crude prices may be stiff on the economy as gasoline...

Ron DeSantis – Florida’s Governor and one of the US Presidential candidates – unveiled a “Declaration of Economic Independence,” where he outlined some of the biggest financial challenges that America currently faces. His pronouncement focuses on improving Americans’ financial well-being and reinforcing the States as the most dominant economy. The Governor also pledged to let the cryptocurrency industry thrive and not allow the launch of a central bank digital currency...

In late July, the price of bitcoin endured a harsh dip after news came about that the Federal Reserve was on the verge of making another big (and tough) financial decision likely to affect Americans. Why Can’t the Federal Reserve Chill Out? For the most part, bitcoin had been trading above $30,000 in July, though things took a nasty turn following the announcement and the world’s number one digital currency by market cap slipped into the $29K range. Right now, it...

CoinspeakerAugust Proves Worst Month for Equities This Year So Far but Market Data Is Improving A tighter labor market and lower jobs opening shows that inflation pressure continue. Companies are adopting a cautious before the Fed's September meeting. August Proves Worst Month for Equities This Year So Far but Market Data Is Improving