Federal Reserve Chairman Jerome Powell - federalreserve.gov

Powell outlines fed’s inflation strategy amidst persistent economic challenges

Federal Reserve Chair Jerome Powell, in a press conference held on June 14, 2023, laid out a roadmap for the Federal Reserve’s strategic response to the ongoing inflation situation.

Then CFTC Commissioner Brian Quintenz delivers the keynote speech at the DC Blockchain Summit 2018. - youtube.com/@ChamberofDigitalCommerce

Former CFTC Commissioner on crypto industry: ‘The government must provide rules to follow, not just lawsuits’

Brian Quintenz, the head of policy at Andreessen Horowitz and a former CFTC commissioner, said that if the U.S. Securities and Exchange Commission (SEC) continues targeting crypto companies, the U.S. could lose out on the benefits that blockchain technology could…

Shaktikanta Das addresses participants in the OECD Economic Survey of India in New Delhi several years ago. - Press Information Bureau, Government of India

Das: ‘RBI will remain nimble in its liquidity management’

RBI Gov. Shaktikanta Das said that India’s Monetary Policy Committee opted to maintain the benchmark repo rate for a second consecutive meeting, BQ Prime reported on June 8.

Edward "Coach" Weinhaus is a lawyer and Bitcoin entrepreneur based in St. Louis. Gary Gensler is the SEC chairperson.

Cryptocurrency insider: ‘The SEC’s actions undermine America’s role as a global hub for financial innovation and leadership.’

Crypto insider Edward “Coach” Weinhaus said that the Securities and Exchange Commission’s allegations regarding Binance’s operations could be advantageous to Wall Street.

Beverly Hirtle, the director of research and head of the Research and Statistics Group - Federal Reserve Bank of New York

New York Fed CEO on Hirtle being named research advisor: ‘We are delighted to welcome Bev to her new advisory role’

Beverly Hirtle, the director of research and head of the Research and Statistics Group, will start working as a research advisor on June 30, according to a statement released by the Federal Reserve Bank of New York.

Edward "Coach" Weinhaus, lawyer and Bitcoin entrepreneur.  SEC Chair Gary Gensler. - Facebook/eddie.weinhaus; sec.gov

Cryptocurrency insider on Binance lawsuit: SEC set to “prosecute specious claims”

Binance, the world’s leading cryptocurrency exchange, is pushing back against allegations of illegal operations in the U.S. by the Securities and Exchange Commission (SEC).

Lakshmi Iyer, CEO, investment and strategy, Kotak Investment Advisors - isb.edu

Kotak Investment Advisors CEO: ‘It looks like the market wait for rate cuts just got longer’

As rate increases earlier this week stunned investors in Canada and Australia, and Reserve Bank of India (RBI) Gov. Shaktikanta Das delivered a predictable policy by pushing the pause button for a second time, investors on Dalal Street were somewhat…

Nilesh Shah, an economist for Monetary Policy - AFP

Monetary Policy economist as RBI maintains position: ‘The Indian economy is ideally balanced between growth and inflation under the RBI’s navigation’

After the Reserve Bank of India decided to maintain its position focused on “withdrawal of accommodation” and keep policy rates constant, stocks in the banking sector remained mainly stable on Thursday.

Chad Wilkerson - FRBKC

Wilkerson: ‘Growth in regional services activity slowed slightly in May’

The Federal Reserve Bank of Kansas City released its May Services Survey, which showed that growth in the Tenth District slowed a bit in May with the expectations forecast also slipping, according to a news release.

Ben Todar, CEO of Moon Nation Game, responds to SEC Chair Gary Gensler%27s crypto regulations. - Todar: LinkedIn/ben-todar.  Gensler: www.sec.gov/about/commissioners

Todar: SEC suing Binance ‘undermines the freedom and innovation of cryptocurrencies’

Ben Todar, notable crypto commenter, successful entrepreneur and CEO of a blockchain-based gaming ecosystem, said the lawsuit against Binance, the largest crypto exchange in the world, sparks concerns that the US Securities and Exchange Commission (SEC) is trying to protect…

Federal Reserve Bank of Kansas City Senior Vice President Chad Wilkerson - Federal Reserve Bank of Kansas City

Wilkerson: ‘Regional factory activity was largely unchanged in May’

The May Manufacturing Survey has been released by the Federal Reserve Bank of Kansas City.

Federal Reserve Bank of New York President and CEO John C. Williams - Federal Reserve Bank of New York

Nistor: ‘I am thrilled at the opportunity to join the New York Fed’

The Federal Reserve Bank of New York appointed Mihaela Nistor the chief risk officer and head of the risk group, serving in the role as a member of the bank’s executive committee.

Shaktikanta Das, Governor of the Reserve Bank of India

RBI: ‘Guidelines on the introduction of expected loss-based approach for provisioning are likely to be announced during 2023-24’

The Reserve Bank of India (RBI) announced that it is pushing an initiative to enhance the system for handling bad loans, recommending a predicted-loss-based strategy for provisioning to be started over the next year.

Rob Haworth, senior investment strategy director at U.S. Bank Wealth Management - U.S. Bank Wealth Management

Federal Reserve continues to focus monetary policy on fighting inflation

The Federal Reserve started a practice last year that continues in 2023 to combat inflation by increasing short-term interest rates. The Federal Open Market Committee (FOMC) earlier this month set the rate at a range of 5% to 5.25%.

Helen Hai, head of Binance Charity - Helen Hai / Facebook

Binance Charity head: ‘Major nonprofits are increasingly recognizing the value of crypto donations’

Many nonprofits have started accepting donations in the form of cryptocurrency, including the Alzheimer’s Association, the American Cancer Society, Autism Speaks, local chapters of Boys & Girls Clubs, CARE, Make A Wish International and Ronald McDonald House Charities.

Viral Achayara, decoding India's interest rates

India’s Assistant Gov. for Monetary Policy: ‘We do track real interest rates, (but) there is no one standard accepted definition for it’

India’s Monetary Policy Committee (MPC) has experienced significant tightening over the past year, according to a recent commentary and interview with a Royal Bank of India official in the publication Money Control.

Reserve Bank of India Governor Shaktikanta Das:

RBI Governor: Monetary Policy on Right Track and ‘very satisfying’

Reserve Bank of India Governor Shaktikanta Das expressed satisfaction with the recent cooling off of headline inflation, saying it reached 4.7 percent in April, which he deemed “very satisfying.”

Srinivasan%27s actions and statements highlight concerns about monetary policy and the risk of inflation. - youtube.com/@networkstate

Former Coinbase CTO points to ‘Fiat Crisis’ in wake of $1M bet settlement

Balaji Srinivasan, the former Chief Technology Officer of Coinbase, recently settled a million-dollar bet in what he stated was an attempt to raise awareness about the potential risk of hyperinflation in the economy.

Walt Benson - Provided

A time for reflection: The role of banks, Fed, and monetary policy in today’s volatile economy

The words of investing legends Warren Buffett and Stanley Druckenmiller may seem all too familiar to cautious observers of the current financial climate.

Andy Haldane - Wikimedia Commons / gov.uk/government/news

U.K. inflation will drop swiftly, says ex-Bank of England economist; ‘Perhaps now is the time to press the pause button and see what happens’

A former Bank of England economist forecasts inflation in the U.K. will decline quickly as officials consider the next steps to ward off rising prices, including increasing the prime rate of interest, according to reports.

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