The Federal Reserve on Wednesday said it was temporarily taking steps to ease an obscure capital requirement for large banks to address strained conditions in the Treasury market.
CBDCs, once deployed, may test Federal Reserve's retail banking capability
The critical faultline in the coronavirus-induced selloff has been the sudden strength in the dollar. Until the Federal Reserve can satisfy onshore and offshore demand for the greenback, the economic effects of that will spread like wildfire
The Federal Reserve is cutting but must further ease and, most importantly, come into line with other countries/competitors. We are not playing on a level field. Not fair to USA. It is finally time for the Federal Reserve to LEAD. More easing and cutting!
The Federal Reserve must be a leader, not a very late follower, which it has been!