US Bitcoin Reserve: Here’s what Fed boss has to say about the concept
President-elect Donald Trump plans to establish a strategic reserve of US bitcoin...
Tag : Federal Reserve
Gold poised for weekly gain ahead of potential US Federal Reserve rate cut
The spot price of gold decreased by 0.4% to USD 2,671.39 per ounce, as the US dollar neared its highest point in over two weeks...
Saudi Arabia’s money supply reaches USD 783 billion, says Kingdom’s central bank
In October, time and savings deposits made up 33.07% of Saudi Arabia's total money supply, the highest amount in almost 15 years...
Wells Fargo USD 1.95 trillion asset cap likely to be lifted in 2025
As part of the compliance process, the bank sent a third-party review to the Federal Reserve to demonstrate it had overhauled its risk management and controls...
Despite a weak Dollar, gold prices inch higher with US economic data in focus
Gold looks quite comfortable around $2,400 for now, so there is the chance of a minor bounce heading into GDP...
What if Fed loses its autonomy?
According to economists, a President making policy decisions for the Federal Reserve would most likely result in higher inflation...
Charting Bidenomics’ future in an election year
The White House maintained that Bidenomics helping the US economy to add over 13 million jobs by June 2023...
Is global financial system failure-proof?
Smaller emerging economies with significant debt and declining repayment capacity have the most unstable banks...
Gold attracts investors as US debt ceiling stalemate continues
Spot gold was up 0.1% at USD 1,978.06 per ounce, while US gold futures were down 0.1% at USD 1,979.40...
Dictating markets: Understanding Fed’s policy instruments
The Fed and other central banks worldwide employ short-term interest rate manipulation as their primary instrument...