#Inflation fears hit record high in June, warns NY Fed

#Inflation fears hit record high in June, warns NY Fed

“#Inflation fears hit record high in June, warns NY Fed” Americans recently polled by the Federal Reserve Bank of New York said they see inflation rising to 4.8 percent over the next 12 months, a survey record. The Fed’s Consumer Expectations study, which samples a rotating panel of 1,300 households, showed that Americans in June…

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# New York Fed president says crypto poses challenging questions for central banks

# New York Fed president says crypto poses challenging questions for central banks

“# New York Fed president says crypto poses challenging questions for central banks ” New York Federal Reserve Bank President John Williams believes the emergence of cryptocurrencies poses a significant challenge to existing regulations, highlighting the ongoing discussions policymakers are having about blockchain technology and central bank digital currencies, or CBDCs. Before central banks like…

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# Federal Reserve official: Stablecoin growth is ‘exponential,’ deserves ‘attention’

# Federal Reserve official: Stablecoin growth is ‘exponential,’ deserves ‘attention’

“# Federal Reserve official: Stablecoin growth is ‘exponential,’ deserves ‘attention’ ” While a presentation yesterday from Boston Federal Reserve President Eric Rosengren has some members of cryptoTwitter spooked at the idea of regulation and oversight, the central bank might simply be pondering the future.  In a presentation titled “Financial Stability,” Rosengren identified the stablecoin Tether…

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