1 / 3 Relevant items tagged with #MonetaryPolicy

Posts: 69

Posts

Luna Accuses Fed Chairman Jerome Powell of Perjury

[Jul 19 4:30 AM] The controversy stems from a Fed renovation project that went over budget, but many suspect it may be a covert tactic designed to push Jerome Powell out of the central bank. Did Jerome Powell Commit Perjury? Lawmakers Demand Accountability Florida…

How central banks are testing blockchain-based monetary policy

[May 27 8:45 AM] Why are central banks looking at blockchains? Central banks are tiptoeing into the world of blockchain not because it is fashionable but because every part of the money-making machine, from settlement rails to asset custody, is slowly being…

Russian Finance Minister: Western Policies Hurt the US Dollar

[Oct 11, 2024 9:30 PM] Russian Finance Minister Anton Siluanov believes that the policies of the US and its Western allies are affecting the role of the U.S. dollar as a reserve currency. Siluanov stated that while the U.S. dollar will remain popular, the BRICS bloc will…

CME Fedwatch Favors Half-Point Cut Ahead of FOMC Meeting

[Sep 28, 2024 2:45 PM] In just 40 days, the U.S. Federal Open Market Committee (FOMC) will gather to decide whether the central bank will lower the benchmark interest rate. This pivotal moment occurs two days after the 2024 U.S. Election Day. As it stands, CME futures…

Milton Friedman on Inflation: A Government-Made Disaster 

[Aug 17, 2024 9:30 PM] Inflation is not a natural phenomenon but a consequence of government actions. Milton Friedman famously argued that only the government can create inflation, and misguided policies, like price controls, worsen the problem. Friedman Famously Said…

No Rate Cuts Yet: Fed Maintains Rates at Historic Highs 

[Jul 31, 2024 6:25 PM] The U.S. Federal Reserve has opted to maintain the federal funds rate target range at 5.25-5.5%, according to the latest report from the Federal Open Market Committee (FOMC). The committee noted that while inflation has eased over the past year, it…

Inflation Explained: What It Is and Why It Happens

[Jun 9, 2024 10:32 PM] While many are familiar with inflation, which indicates a decline in currency purchasing power alongside a general rise in the cost of goods and services in an economy, there is a common misconception that inflation is natural. In reality, it is…

Report: Egypt Wants to Have a Functioning CBDC by 2030

[Jan 16, 2024 2:00 AM] Egypt reportedly aims to launch a central bank digital currency by 2030 to boost the competitiveness of its national currency. According to an Egyptian economic expert, a digital currency issued by the central bank is more secure than privately…