Auto Added by WPeMatico

‘We Do Not Want to Be in the Bailout Business’: Fed Chair Warns Crypto Is on Its Own

Federal Reserve Chair Kevin Warsh told the House Financial Services Committee on Tuesday that the central bank has no interest in bailing out crypto or stablecoins if the sector faces…

Continue Reading‘We Do Not Want to Be in the Bailout Business’: Fed Chair Warns Crypto Is on Its Own

Bank of America: Fed’s Inflation Problem ‘Unambiguously Worse’ as It Forecasts 3 Rate Hikes in 2026

Bank of America now expects the Federal Reserve to raise interest rates three times in 2026, reversing its earlier call for the central bank to stay on hold. The shift…

Continue ReadingBank of America: Fed’s Inflation Problem ‘Unambiguously Worse’ as It Forecasts 3 Rate Hikes in 2026

Fed Chair Kevin Warsh to Face Congress July 14 in First Testimony as Inflation Fight Heats Up

Federal Reserve Chair Kevin Warsh is scheduled to give his first congressional testimony on monetary policy before the House Financial Services Committee next month. The appearance comes weeks after he…

Continue ReadingFed Chair Kevin Warsh to Face Congress July 14 in First Testimony as Inflation Fight Heats Up

New Fed Chair Kevin Warsh Ditches Rate Signals, Bitcoin Slides as Nasdaq Bounces 1.5%

Federal Reserve Chairman Kevin Warsh used his debut press conference on June 17 to strip away decades of central bank communication habits, and markets spent the following day sorting out…

Continue ReadingNew Fed Chair Kevin Warsh Ditches Rate Signals, Bitcoin Slides as Nasdaq Bounces 1.5%

Powell Warns the Federal Reserve Won’t Survive if a President Can Fire Officials Over Policy

Former Federal Reserve chair Jerome Powell says the U.S. central bank would lose the credibility it needs to steady the economy if officials could be removed over policy disagreements. The…

Continue ReadingPowell Warns the Federal Reserve Won’t Survive if a President Can Fire Officials Over Policy

Ethics Filing: Fed Chair Pick Kevin Warsh Lists Estee Lauder Wealth and Crypto Stakes

Federal Reserve chair nominee Kevin Warsh disclosed more than $192 million in combined assets through a U.S. Office of Government Ethics filing, revealing a sprawling portfolio that includes crypto investments…

Continue ReadingEthics Filing: Fed Chair Pick Kevin Warsh Lists Estee Lauder Wealth and Crypto Stakes