Federal Reserve News
The Federal Reserve. or The Federal Reserve System, is the central bank of the United States that was founded in 1913 by the U.S. Congress in order to establish central financial control. The Federal Reserve is responsible for a lot of functions, so some may become confused about its role and ask the question “what does the Federal Reserve do?” The main objectives of the Federal Reserve System were established along with its founding in 1913. They are: maximizing employment, stabilizing prices and moderating long-term interest rates. Those are achieved by open-market operations, placing the discount rate, and establishing reserve requirements for financial institutions. Decisions and prognoses of the Federal Reserve are crucial for world’s economy because most economic operations are dependent on the U.S. dollar, which falls under the Federal Reserve’s control.
Losing the $3,000 mark just days before Friday's $1.55 billion ETH options expiry nearly doomed Ether longs, but derivatives data shows bulls are still in favor...
Derivatives data favors Ethereum bulls even with this week's crash below $3K
Fed Chair Jerome Powell says there is no pressure to rush any central bank digital currency development plans.
Fed still undecided about digital dollar, says Chair Jerome Powell
The crypto market staged a roaring comeback after Evergrande makes a deal to pay its debts and the Fed signals a continuation of its current monetary policy.
Crypto markets soar after Fed commits to printing and Evergrande plans to pay its debt
On Tuesday, SEC Chair Gary Gensler re-confirmed his plan to crack down on cryptocurrencies, and traders’ regulatory concerns are confirmed by this key Bitcoin f...
Key Bitcoin options 'fear' indicator reflects traders' regulatory concerns
Bitcoin has been leaving Coinbase’s wallets in 2021, while BTC exchange reserves on Binance tell a different story.
Bitcoin extends slide below $43K as Binance’s BTC stash grows to May-crash levels
Rushing to the so-called safe-haven cryptocurrency appears despite concerns that the Federal Reserve could taper its $120-billion-a-month asset-purchasing progr...
Bitcoin jumps to $49K amid fears of 5%-plus inflation is here to stay
Issuing CBDCs may give a central bank more power over interest rate adjustments according to a new report.
CBDCs could lead to 'deeply negative interest rates': Wall Street Journal