China's central bank holds that crypto trading brings financial risk to the economy, and said it will continue a crackdown on the industry.
The authors argue a central bank digital currency will likely be positive for Canadians, breaking monopolies in big tech and traditional finance.
The central bank's monetary policy report to congress gave crypto a rare shoutout Friday.
The U.S. central bank will continue buying Treasury and mortgage bonds to support the economy.
“I think policy is rather overdoing it,” the former U.S. Treasury secretary said at Consensus 2021.
The Federal Reserve kept monetary policy unchanged and sees inflation as temporary, which is closely watched by bitcoin investors.
A reading of Kenneth Rogoff’s latest piece on the strange reality of the dollar’s global status.
Some speculate that if the Fed implements a digital dollar, soaring inflation will soon follow.
This week’s “Long Reads Sunday” reading is from macro analyst Lyn Alden and focuses on the inflation vs. deflation debate in historical context.