Crypto’s identity crisis: Fed’s Daly says it’s no gold, needs its own definition
The debate surrounding the true nature of cryptocurrency continues to evolve, with San Francisco Federal Reserve President ...
Crypto isn't really an asset like gold, San Francisco Fed president Mary Daly says
Crypto should be viewed as its own asset class and not lumped in with gold ( GC=F) as so often is the case, according to San ...
The Fed Policy Committee Gets Four New Voters. How They Lean on Rates.
Fed Chair Powell has signaled a slower pace of interest-rate decreases in 2025. These voters rotating in could help shape ...
Think Advisor3d
Who Will Vote on Fed Policy Next Year?
The Federal Open Market Committee, which votes on changes in interest rates, includes a rotating cast of presidents from 11 ...
Sticky inflation creates rift at Fed over how much to cut rates
Which of these views prevails will depend, of course, on how much inflation slows in the next year. If the recent upturn in inflation proves to be a blip, the Fed could increase the number of rate ...
BOC Officials Considered Smaller Rate Cut; RBA Hints at Rate Cut
An index of sentiment published by the Conference Board research group dropped 8.1 points to 104.7, defying hopes for an increase , according to a consensus of economists compiled by The Wall Street ...
The Fed avoided a recession in 2024. But it couldn't shake inflation.
The Federal Reserve did what many thought it couldn’t achieve in 2024, and yet in one respect it still ended the year the way ...
SF Fed’s Daly Says December Rate Cut Was Justified
A quarter-point cut this month was the right move to avoid an overly hawkish stance that would threaten a serious economic ...
Financial Advisor7d
Who Votes On Fed Policy Next Year Is Changing. Here's What To Know
The Fed lowered its benchmark policy rate by a quarter percentage point earlier this month, and signaled just two reductions for 2025. Chair Jerome Powell made clear the central bank is entering a new ...
cryptopolitan7d
Fed’s Mary Daly discusses AI and its impact on US Productivity
Mary Daly was a young economist at the Federal Reserve Bank of San Francisco in the late 1990s, helping then-chair Alan ...
cryptopolitan7d
Elon Musk’s D.O.G.E is coming after the Federal Reserve as it scrambles to explain last week’s hawkish cut
Elon Musk has set his sights on the Federal Reserve, calling it “absurdly overstaffed” in a post on X (formerly Twitter).
Hosted on MSN7d
Stocks Set to Open Higher as Investors Recalibrate Fed Rate Cut Bets, U.S. Economic Data in Focus
S&P 500 E-Mini futures (ESH25) are up +0.16%, andMarch Nasdaq 100 E-Mini futures (NQH25) are up +0.28% this morning, ...