The Federal Reserve shouldn’t use its interest-rate policy to “fine-tune” financial stability risks, said former Fed Chairman Ben Bernanke on Monday. Speaking to reporters at the Brookings Institution after he Read more
Tag: Money/Currency Markets
The practical impact of Bernanke’s Nobel-prize research? It’s why economists think U.S. might escape with a mild recession this time
Want to understand the impact of Fed Chairman Ben Bernanke’s research that won him and two colleagues a Nobel Prize? It is why economists think the next recession could be Read more
Opinion: Florida’s insurance rates have almost doubled over five years, yet insurance companies are still losing money — and the reason is more insidious than hurricanes
Hurricane risk might seem like the obvious problem, but there is a more insidious driver in this financial train wreck. Finance professor Shahid Hamid, who directs the Laboratory for Insurance at Read more
Opinion: Central banks want to fight inflation, but they still need to keep the financial system functioning. The two goals may be conflicting.
After two years of quantitative easing, central banks have begun to shrink their balance sheets, and liquidity seems to have vanished in the space of just a few months—revealing acute Read more
Opinion: How you can save $60k for a home down payment without risk or waiting forever
Yes, starting from zero and trying to save a bit each month will take a while. To put together that princely sum, you’d have to save $500 a month for Read more
$568 million theft from Binance blockchain just one of many cross-chain hacks this year
Cryptocurrency exchange Binance temporarily halted its blockchain network after $568 million worth of cryptocurrency was stolen off the platform. The exploit occurred on a bridge between blockchains and hackers withdrew Read more
Binance says $100 million in crypto likely stolen in hack
Crypto exchange Binance said late Thursday that $100 million was likely stolen as a result of a hack on its Binance Smart Chain blockchain network. Binance Smart Chain has temporarily Read more
China’s forex reserves declined again in September
China’s foreign-exchange reserves fell for a second straight month in September amid U.S. dollar strength. The country’s hoard of foreign exchange stood at $3.029 trillion at the end of September, Read more
Fed’s Waller: Not enough data to change his mind on need for rate hike at early November meeting
Don’t expect the September jobs or inflation data later this month to change any Federal Reserve official’s mind about the need for another large rate hike in November, Fed Governor Read more
Bitcoin miners see revenue tumble 80% from peak. Can they all survive?
Hello, welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch. I’ll walk you through the latest and Read more