Federal Reserve Keeps Rates Close to Zero, Maintains Asset Purchases
The statement is in keeping with economists' expectations for the U.S. central bank to take no new monetary policy actions.
CEO Mark Yusko said that "zombie companies" have left the Fed no choice but to devalue the dollar, prompting investors to turn to bitcoin and gold.
The potential economic impact of a shift to widespread remote working is a matter of risk management: Authorities should be mapping out scenarios.
As some start to wonder about a post-Bretton Woods economic system, macro analyst Luke Gromen explains how that post-World War II system came to be.
ECB President Christine Lagarde says the impetus for a central bank digital currency could come from the need to facilitate cross-border finance.
Some speculate that if the Fed implements a digital dollar, soaring inflation will soon follow.