New York Fed – Miami Crypto Coin

New York Fed and 9 Major Banks to Test ‘Interoperable Network of Central Bank Wholesale Digital Money’

Post author:MiamiCrypto
Post published:November 20, 2022
Post category:BNY Mellon China china cbdc Citi Federal Reserve Bank of New York HSBC jerome powell Mastercard New York Fed New York Innovation Center News Per von Zelowitz PNC Bank Project Cedar td bank Truist U.S. Bank US CBDC Wells Fargo Wholesale CBDC

Nine major financial institutions and the Federal Reserve Bank of New York have started to experiment with a digital dollar proof of concept to see if distributed ledger technology can…

‘Atomic Settlement’ — New York Fed Completes First Phase of Digital Dollar Experiment Called ‘Project Cedar’

Post author:MiamiCrypto
Post published:November 4, 2022
Post category:Blockchain Boston Fed CBDC CBDC design Christopher Waller Fed Boston Fed Chair Jerome Powell Federal Reserve jerome powell Michelle Neal New York Fed News NY Fed Per von Zelowitz Phase I Project Cedar Project Hamilton Senator James Lankford Singapore Fintech Festival

The Federal Reserve Bank of New York has published findings stemming from an experiment dubbed “Project Cedar,” a protocol that uses a wholesale digital dollar in order to improve financial…

US Faces More Inflation Woes as CPI Hits Highest Record in 30 Years

Post author:MiamiCrypto
Post published:November 11, 2021
Post category:Biden Administration buckling supply chain Central Bank Consumer Debt Consumers CPI CPI Inflation Economics Edward Snowden empty shelves Federal Reserve food inflation gas inflation gas prices government spending inflation inflation crisis Inflation pressures Joe Biden Justin Amash New York Fed Purchasing Power supply chains the fed transitory

U.S. inflation continues to roar higher as this week’s data from the consumer price index (CPI) jumped 6.2% from a year ago. Americans are concerned as the Federal Reserve has…

New Data Shows Red Hot US Inflation Highest in 30 Years — Analyst Says Rising Inflation Could Hit a ‘Tipping Point’

Inflation continues to remain hot in the United States as supply constraints and higher oil prices continue, seeing barrels of crude surge above $80 per unit. Meanwhile, data released on…

US Inflation Expectations Highest Since 2013, Gas Prices Skyrocket, Supply Chains Buckle

Post author:MiamiCrypto
Post published:October 12, 2021
Post category:buckling supply chain Central Bank China Consumer Debt Consumers credit Economics empty shelves Fed Report Federal Reserve food inflation gas inflation gas prices Gita Gopinath government spending IMF inflation inflation crisis New York Fed Purchasing Power SCE SCE report supply chains Survey Survey of Consumer Expectations the fed

Americans are still concerned about dealing with inflation, as the cost of goods and services has continued to rise significantly in a short period of time. The Federal Reserve has…

New York Fed’s Consumer Inflation Report Expects US Inflation to Hit 5.2% by Next Year

Post author:MiamiCrypto
Post published:September 14, 2021
Post category:Central Bank Consumer Debt Consumers credit Economics Fed Report Federal Reserve food inflation gas inflation government spending inflation lumber inflation New York Fed Purchasing Power Real Estate Bubble SCE Short-Term Inflation Expectations Survey Survey of Consumer Expectations the fed Trillion-dollar trillions

Americans are still very concerned about inflation as the latest Survey of Consumer Expectations (SCE) report from August indicates that U.S. consumers expect inflation to be 5.2% a year from…