As Prepared for Delivery Thank you to the organizers of today’s conference for inviting me to speak about next steps in the future of money and payments. Roughly one year ago, President Biden signed an Executive Order (EO) calling for a government-wide approach to the responsible development of […]
remarks
U.S. stocks fell Wednesday as investors eyed more hawkish remarks from key monetary policymakers. These suggested that more members of the Federal Reserve were open to moving aggressively to raise interest rates and bring down demand and persistently elevated levels of inflation. [Click here to read what’s moving markets heading […]
U.S. stocks were deep in the red on Thursday as Wall Street weighed another decades-high inflation print and remarks by St. Louis Federal Reserve President James Bullard that signaled the central bank could intervene more aggressively than anticipated to tighten monetary conditions amid surging prices levels. The Dow Jones Industrial […]