The 2017 Small Business Credit Survey from the Federal Reserve shows that nearly 60 percent of small businesses applied for financing...
During the last financial crisis the Federal Reserve created a new program called the Term Asset-Backed Securities Loan Facility (TALF);...
While both the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp are examining the possibility...
Federal Reserve Chairman Jerome Powell has reiterated the central bank would be patient in raising interest rates this year after...
Christopher Giancarlo, the former chairman at the Commodity Futures Trading Commission, said at a recent forum that the Federal Reserve...
The Federal Reserve has announced it will hold an industry conference on financial innovation, titled, "Financial Innovation: Online Lending to Households and Small Businesses"; the event will take place on December 2 and will involve academics, industry participants and policymakers; discussions will focus on academic research and the evolving online lending industry. Source
While speaking at an event by the office of Financial Research Federal Reserve Vice Chairman for Supervision Randal Quarles talk about the issues digital currencies could pose to the markets; the current level of use doesn’t pose a risk but as the scale of usage increases so does the potential potential problem; Quarles said, “if the central asset in a payment system cannot be predictably redeemed for the U.S. dollar at a stable exchange rate in times of adversity, the resulting price risk and potential liquidity and credit risk pose a large challenge for the system.”; he also talked about the the benefits of blockchain technology and if the central bank would issue their own digital currency. Source.
According to the The Federal Reserve’s 2016 Survey of Consumer Finances the median net worth for Black households was only...
The Federal Reserve released a report on its initiative to provide real time payments by 2020; the report was created by a task force of over 300 industry contributors; the report, titled, "The U.S. Path to Faster Payments: A Call to Action" outlines payment processing proposals, the task force's vision and goals for the initiative; details on the payments initiative can also be found at FasterPaymentsTaskForce.org. Source
The macro and crypto economic thesis for 2021, building out the linkages between “Risk-On” assets, flows into and valuation of Bitcoin and Ethereum, and the interplay between value locked, the growth of decentralized application revenue, and the volumes around digital objects. We bring it all together.