Powell squashes the possibility that the Fed will develop its own digital currency
Powell asserted Tuesday that the central bank will not develop its own digital currency as long as he is in charge.
Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further
Federal Reserve Chair Jerome Powell on Tuesday reiterated the central bank’s commitment to bringing inflation down and ...
A third of central banks cool on launching CBDCs over regulatory concerns
Nearly a third of surveyed central banks said they’re delaying the launch of a CBDC over regulatory concerns and changing ...
China’s Central Bank Signals Policy Adjustments Amid Rising Global Risks
The People’s Bank of China said it will adjust the pace and intensity of its policymaking based on economic and financial ...
Mises Institute8d
Hoppe versus Milei on Central Banking: Breaking Down the Differences
Hans Hoppe recently criticized Argentina‘s President Javier Milei for not closing the country‘s inflationary central bank. In ...
NBC 10 Philadelphia8d
CNBC Daily Open: Global central banks are cutting rates — the Fed might not be as inclined
The Bank of England lowered interest rates by 25 basis points on Thursday, following the European Central Bank's cut of the same amount on Jan. 30. The Reserve Bank of India is also widely ...
NBC Los Angeles8d
CNBC Daily Open: Global central banks are lowering rates — the Fed might not be as inclined
A day prior, the Bank of England lowered interest rates by 25 basis points, following the European Central Bank's cut of the same amount on Jan. 30. Many economies seem to be settling into a lower ...