monetary policy

PBoC Says It Will Keep High Pressure on Crypto Trading

China's central bank holds that crypto trading brings financial risk to the economy, and said it will continue a crackdown on the industry.

News  ·  2 August 2021

Canada CBDC ‘Probably Necessary’ for Competition, Central Bank Says in Paper

The authors argue a central bank digital currency will likely be positive for Canadians, breaking monopolies in big tech and traditional finance.

News  ·  21 July 2021
Federal Reserve

Fed Says ‘Surge’ in Crypto Prices Reflects Increased Risk Appetite

The central bank's monetary policy report to congress gave crypto a rare shoutout Friday.

Policy & regulation  ·  9 July 2021

Federal Reserve Balance Sheet Tops $8T for First Time

The U.S. central bank will continue buying Treasury and mortgage bonds to support the economy.

Markets  ·  11 June 2021

Lawrence Summers on Inflation: Fed ‘Will Only Remove the Punch Bowl After It Sees People Staggering Around Drunk’

“I think policy is rather overdoing it,” the former U.S. Treasury secretary said at Consensus 2021.

Markets  ·  26 May 2021

Federal Reserve Keeps Rates Near Zero, Maintains Asset Purchases, Sees Inflation as ‘Transitory’

The Federal Reserve kept monetary policy unchanged and sees inflation as temporary, which is closely watched by bitcoin investors.

Markets  ·  28 April 2021

Dollar Decline and the Paralysis of Conventional Monetary Policy

A reading of Kenneth Rogoff’s latest piece on the strange reality of the dollar’s global status.

People  ·  15 November 2020

Debate Rages on Whether a Digital Dollar Will Unleash Inflation

Some speculate that if the Fed implements a digital dollar, soaring inflation will soon follow.

News  ·  9 November 2020

Lyn Alden’s Latest: Why Currency Devaluation Is Inevitable

This week’s “Long Reads Sunday” reading is from macro analyst Lyn Alden and focuses on the inflation vs. deflation debate in historical context.

People  ·  20 September 2020