Tag: Federal Reserve

According to Bloomberg, President Donald Trump addressed speculation about his intentions regarding Federal Reserve Chair Jerome Powell. Despite expressing frustration over the Fed’s cautious approach to cutting interest rates, Trump firmly stated he has no plans to remove Powell from his position. Speaking to reporters, Trump said, “Never did. The ...

The Federal Reserve Bank of Chicago (FRBC) has published a comprehensive research report explaining the causes and driving forces behind the 2022 cryptocurrency crisis that sparked multiple bank runs and impacted the global financial markets.  According to the report, influential account holders, crypto whales on regulated exchanges, and institutional players ...