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CENTRAL BANKING
JPMorgan To Launch Bitcoin Fund For Clients
JPMorgan Chase (JPM) will offer an actively managed bitcoin (BTC-USD) fund to its clients later in 2021,…
Cryptocurrencies Are ‘Vehicles for Speculation’
Cryptocurrencies are primarily for making bets on price increases and have not reached the status of payment…
ECB President Lagarde Expects Strong Rebound for EU Economy in Second Half
Despite COVID-19 struggles, European Central Bank (ECB) President Christine Lagarde told CNBC on April 9 that…
Fed Chair Powell: US Economy At An ‘Inflection Point’
Federal Reserve Chairman Jerome Powell said the US economy is at an "inflection point" and that growth and job…
Treasury Secretary Yellen Calls for Global Minimum Corporate Tax
U.S. Treasury Secretary Janet Yellen said on April 5 that she is working with G20 countries to agree on a…
Treasury’s Yellen to Restart Hedge Fund Oversight Panel
Treasury Secretary Janet Yellen introduced a three-pronged agenda on March 31 to address "ongoing threats to…
ECB Increases Bond Purchases To Slow Down Surging Yields
The European Central Bank (ECB) has increased the weekly pace of its emergency bond purchasing program to its…
Treasury Launches Program to Support Minority-Owned Financial Institutions
The U.S. Department of the Treasury announced on March 4 in a press release that it is opening the application…
Fed Extends Its Paycheck Protection Program Liquidity Facility To June
The Federal Reserve Board announced on March 8 it will extend its Paycheck Protection Program Liquidity…
Fed’s Powell: Economic ‘Reopening’ Could Lead to a…
Federal Reserve Chairman Jerome Powell said on March 4 that he expects inflation to increase temporarily in…