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Fed’s Brainard: Can’t wrap head around not having U.S. central bank digital currency

Fed’s Brainard: Can’t wrap head around not having U.S. central bank digital currency

© Reuters. FILE PHOTO: Federal Reserve Board Governor Lael Brainard speaks at the John F. Kennedy School of Government at Harvard University in Cambridge, Massachusetts, U.S., March 1, 2017. REUTERS/Brian Snyder By Ann Saphir (Reuters) – Federal Reserve Governor Lael Brainard on Friday laid out a range of reasons for “urgency” around the issue of…

U.S. Fed reverse repo volume hits record $1 trillion as debt ceiling looms

U.S. Fed reverse repo volume hits record $1 trillion as debt ceiling looms

© Reuters. FILE PHOTO: Federal Reserve Board building is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis/File Photo By Gertrude Chavez-Dreyfuss and Jonnelle Marte NEW YORK (Reuters) – Volume at the U.S. Federal Reserve’s reverse repurchase facility topped $1 trillion on Friday for the first time as investors and financial institutions continued to pour…

Stocks Slide, Amazon Cut, China Stocks Reverse, PCE Prices

Stocks Slide, Amazon Cut, China Stocks Reverse, PCE Prices

© Reuters. By Geoffrey Smith  Investing.com — Stock futures slide as Amazon (NASDAQ:AMZN)’s slowing sales growth undermines the narrative for growth stocks. Chinese stock markets reverse after fresh regulatory action and trouble with overleveraged property developers. U.S. personal consumer expenditure price data will be scanned for signs of inflation. And the Eurozone grew faster than…

Take Five: Jobs, crackdowns and a fork

Take Five: Jobs, crackdowns and a fork

© Reuters. FILE PHOTO: People line up outside a newly reopened career center for in-person appointments in Louisville, U.S., April 15, 2021. REUTERS/Amira Karaoud/File Photo (Reuters) – 1/ OUT OF SURPRISES? Is this year’s sharp U.S. growth rebound losing momentum? A raft of economic data due in the world’s biggest economy will provide clues. U.S.…