Tag: Federal Reserve

  • Federal Reserve announces FedNow Community

    Federal Reserve announces FedNow Community

    CHICAGO, May 6, 2020 – The Federal Reserve Banks today announced the formation of a FedNow Community group for their upcoming instant payment offering, the FedNow Service. Despite the challenges that have come with the coronavirus, work on the FedNow Service remains on schedule for a 2023 or 2024 service launch. “While we work to…

  • New York Fed’s Money and Payment Studies on Cryptocurrencies

    Bitcoin and other “cryptocurrencies” have been much in the news lately, in part because of their wild gyrations in value. Michael Lee and Antoine Martin, economists in the New York Fed’s Money and Payment Studies function, have been following cryptocurrencies and agreed to answer some questions about digital money. Q: Let’s start simply. What even…

  • Fed Interest Rate Quandry

    “Americans have had seven weeks to adjust to December’s rate increase and many will be relieved by today’s outcome. Today’s decision to hold rates at 0.5% came as no surprise. December’s rate rise – the first in nine years – was considered a ‘close call’ by some members of the Federal Open Market Committee, and…

  • Gold: Primed for Recovery

    NEW YORK (November 13, 2015) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital, had the following comments today: Despite increasingly strong supply/demand fundamentals, gold prices have continued to tread water – more or less within a narrow $100 range – having hit overhead resistance a few weeks ago near $1175 and now testing support…

  • The Next Thing Might Be Helicopter Money

    James Grant, Wall Street expert and editor of the investment journal Grant’s Interest Rate Observer, warns of ever more extreme central bank policies and bets on the comeback of gold. The global financial markets are under severe stress. The postponed interest rate hike in the United States, the fast cooldown of the Chinese economy and…

  • The Federal Reserve Speculation

    The most common form of arbitrage to remove the effect of taxation is to deal in the cash market, black market or free market. This includes smuggling and other dealings with contraband. Here, the cost of arbitrage may be very great as it can include the risk of government fines and imprisonment. There is also…

  • The Fight Between Greed and Gravity

    Time to choose between greed and gravity I have the best job in the world; there is no doubt about it. I get paid to manage other people’s money. It is stressful and humbling. It can also be energizing, as there is no better feeling than being thanked by someone who we helped build a…

  • The Frankenstein Economy

    Over the next few weeks, we will be publishing a series of columns that we hope will help investors understand what will be the global economic drivers for the next 10 years. We will discuss their effects on our lives and how to profit from the changes ahead through a series of 10 investment themes.…