Federal Reserve
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The Federal Reserve once again rejected the regulatory application of the custodian bank Avanti
It is reported that Custodia Bank, the custodian bank of Caitlin Long, received a second refusal from the Federal Reserve. The Federal Reserve Board of the United States announced on February 23 that it had rejected the request of custodian banks to seek supervision from government agencies. Interpretation of this information: The news is out that Custodia Bank, which is responsible for the custody of Caitlin Long’s assets, has been denied supervision by the Federal Reserve for the second time. The Federal Reserve Board revealed on February 23 that they…
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US institutions: banks should use cash to support deposits of cryptocurrency customers
According to reports, the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) said that enterprises have been told that they need to conduct careful risk assessment, but the latest statement is not in the process of formulating new policies. The new announcement released on Thursday aims to “remind banking organizations to apply the existing risk management principles when it comes to activities related to cryptocurrencies”. Banks should consider the “concentration and correlation” of the entire deposit and the potential liquidity…
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Research shows that the US Federal Reserve needs to raise interest rates “significantly”, which may have to be increased to 6.5%
It is reported that a new study shows that in order to curb inflation, Federal Reserve officials may need to raise interest rates to as high as 6.5%. The study severely criticized the Federal Reserve for its initial slow response to price increases. In an academic paper published by five Wall Street economists and scholars at the conference held in New York on Friday, they believed that the prospects of policy makers were still too optimistic, and they needed to make the economy suffer some pain before prices could be…
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Fed Meister: Need to keep raising interest rates to more than 5%
According to reports, the Federal Reserve Meister said that the new inflation data confirmed the reason for the Federal Reserve to raise interest rates more in the future; The Federal Reserve needs to keep raising interest rates to more than 5% and keep them for a period of time until the inflation trend falls; The Federal Reserve needs more tightening measures to bring the inflation rate back to 2%; Strong inflationary pressure “is still around us”. Interpretation of this information: The message in question reports on comments made by Federal…
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Federal Reserve Collins: Dealing with excessive inflation requires the Federal Reserve to further raise interest rates
It is reported that the Federal Reserve Collins said that to cope with excessive inflation, the Federal Reserve needs to further raise interest rates, which may remain unchanged for a long time in the future. Interpretation of this information: The message is about the Federal Reserve’s plan to address excessive inflation by raising interest rates. According to Federal Reserve Collins, the continuous increase in the inflation rate requires immediate action, which could be achieved by tightening the monetary policy further through a consistent increase in interest rates. Inflation, in simple…
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Federal Reserve: Banks need to pay attention to the inherent risks of cryptocurrency and related asset transactions
It is reported that the Federal Reserve issued a new statement on Thursday (February 23) local time to remind banks of the inherent risks of cryptocurrency and related asset transactions. The statement said that due to the unpredictability of the scale and time of deposit inflow and outflow, some capital sources from entities related to encrypted assets may bring higher liquidity risk to banking institutions. The stability of such deposits may be related to the demand for stable currency, the confidence of stable currency holders in stable currency arrangements, and…
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The probability of the Federal Reserve raising interest rate by 50BP in March is 27%
According to CME’s “Federal Reserve observation”, the probability of the Federal Reserve raising interest rates by 25 basis points to the range of 4.75% – 5.00% in March is 73.0%, and the probability of raising interest rates by 50 basis points to the range of 5.00% – 5.25% is 27.0%; By May, the probability of a cumulative interest rate increase of 25 basis points is 0%, the probability of a cumulative interest rate increase of 50 basis points is 70.3%, the probability of a cumulative interest rate increase of 75…
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US congressmen propose a new bill or limit the power of the Federal Reserve to issue CBDC
It is reported that Tom Emmer, a Minnesota congressman, proposed a legislation in the House of Representatives that may limit the power of the Federal Reserve to issue central bank digital currency (CBDC). Interpretation of this information: The proposal of Congressman Tom Emmer may potentially affect the Federal Reserve’s authority over the issuance of Central Bank Digital Currency (CBDC). The move can significantly impact the country’s financial landscape, as the digital currency industry is gaining traction and CBDC is becoming a part of the global economic discussions. The legislation proposes…
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Fed Minutes: The failure of the encryption industry has limited impact on the banking system
It is reported that the minutes of the Federal Reserve meeting: the failure of the encryption industry has limited impact on the banking system. Interpretation of this information: The Federal Reserve has recently released minutes from a meeting that took place earlier this year, and one of the topics discussed was the potential impact of the encryption industry on the banking system. According to the minutes, the failure of encryption technology would not have a significant impact on the banking system. While encryption does play a role in securing financial…
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Institutional analysis: the minutes of the Federal Reserve meeting did not give the reason for the further rise of the US dollar
On February 23, Lee Hardman, a foreign exchange analyst at Mitsubishi UFJ, said in a report that the minutes of the meeting of the Federal Reserve on Wednesday showed that most officials preferred to raise interest rates by a small margin of 25 basis points, but did not provide further measures to boost the dollar, but the dollar is still expected to continue to perform well. With the support of the recent rise in the short-term yield of the United States, the dollar should continue to trade on a more…
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U.S. Congressman Tom Emmer proposed a bill to prohibit the Federal Reserve from issuing CBDC
According to reports, Tom Emmer, a member of the United States Congress, said on social media that today, I proposed the CBDC Anti-Surveillance Act to prevent the unelected bureaucrats in Washington, D.C. from depriving Americans of their financial privacy. The bill emphasizes three things: prohibit the Federal Reserve from issuing CBDC directly to anyone. 2. The Federal Reserve is prohibited from using CBDC to implement monetary policy and control the economy. 3. Require the Federal Reserve’s CBDC program to be transparent to Congress and the American people. Interpretation of this…
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Market analysis: information that may be regarded as hawks in the minutes of the Federal Reserve meeting will be further amplified
According to reports, Michael Hewson, chief market analyst at CMC Markets, wrote that although the Federal Reserve Chairman Powell insisted at the press conference after the February meeting that the Federal Reserve would further raise interest rates and that the Federal Reserve would not consider reducing interest rates this year, he failed to categorically refute the direct question about the market’s expectation of reducing interest rates this year, resulting in a greater divergence between the market’s pricing of interest rates and the Federal Reserve’s expectation of how the economy might…
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The probability that the Federal Reserve will raise interest rates by 25BP will drop slightly to 79%
According to CME’s “Federal Reserve observation”, the probability of the Federal Reserve raising interest rates by 25 basis points to 4.75% – 5.00% in March is 79% (81.9% yesterday), and the probability of raising interest rates by 50 basis points to 5.00% – 5.25% is 21.0%; The probability of a cumulative interest rate increase of 25 basis points by May is 8.3%, the probability of a cumulative interest rate increase of 50 basis points is 72.9%, and the probability of a cumulative interest rate increase of 75 basis points to…
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Bitfinex Alpha: In the fluctuation of Bitcoin, inflation rises again
On February 21, according to the Bitlinex Alpha report, data showed that the Federal Reserve may raise interest rates by more than 25 basis points in the future. Inflation intensified in January this year. Although the overall CPI fell year-on-year, some categories of consumer spending showed that inflation continued. All these factors together, the Federal Reserve may delay the recovery of the target interest rate of 2%. Interpretation of this information: The Bitlinex Alpha report from February 21 suggests that the Federal Reserve may increase interest rates by more than…
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Summary of important developments at noon on February 18
7:00-12:00 Keyword: YouTube, Filecoin, Federal Reserve, Customia Interpretation of this information: The message suggests that a lot of exciting developments are happening in various industries today, and four specific items were highlighted: YouTube, Filecoin, Federal Reserve, and Customia. Firstly, the mention of YouTube possibly alludes to the changing media landscape where video content has dominated the digital world. With 2 billion monthly active users, YouTube has become an integral tool for content marketing and education. The platform has also played a significant role in popularizing influencers and creators, birthing a…
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Customia, a digital asset bank, was refused to sue the Federal Reserve for applying for a master account
It was reported that the Federal Reserve had previously rejected the application of Customia, a digital asset bank, to join the Federal Reserve System. Customia submitted a revised lawsuit to the Federal Reserve on Friday. According to the litigation documents, it is illegal to refuse his application. It is said that the Federal Reserve Board and the Biden government coordinated a series of public statements to cooperate with the refusal of Customia’s application. According to the lawsuit, the Federal Reserve rejected Custodia’s application for membership of the Federal Reserve system…
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The Fed’s swap pricing will reach 5.27% at the peak of the Fed’s policy interest rate in July 2023
It is reported that the peak policy interest rate of the Federal Reserve swap pricing in July 2023 will reach 5.27%. Interpretation of this information: The Federal Reserve has long been a vital institution within the United States, serving as the country’s central bank and helping to manage the nation’s monetary policy. Recently, it was reported that the peak policy interest rate of the Federal Reserve swap pricing in July 2023 will reach 5.27%. This announcement is significant for several reasons. Firstly, the policy interest rate is a key indicator…
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Federal Reserve swap transactions show that the probability of the Federal Reserve raising interest rates in June is close to 50%
It is reported that the swap transaction of the Federal Reserve shows that the probability of the Federal Reserve raising interest rates in June is close to 50%. Interpretation of this information: The recent report stating that the probability of the Federal Reserve increasing interest rates in June is close to 50% is significant news for investors and economists. This news indicates that the Federal Reserve is taking a cautious approach towards interest rate hikes, as they do not want to negatively impact economic growth. The Federal Reserve has been…
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Overview of important developments in the evening of February 14
12:00-21:00 Key words: Siemens, Blur, Taurus, Federal Reserve Interpretation of this information: The message seems to be a collection of four distinct items or topics, each with its own keyword. The first keyword, Siemens, likely refers to the multinational conglomerate known for its various industrial products and services. The second keyword, Blur, is less clear but might suggest some sort of visual or sensory distortion or confusion. The third keyword, Taurus, could refer to the astrological sign of the bull, but could also pertain to the Ford Taurus sedan or…