According to MicroStrategy CEO Michael Saylor, it's better to be talked about as a reckless, debt-fueled bettor on digital currencies than not be talked about at all.
Facing the hottest cost pressures in 40 years, policymakers have lifted the target for the federal funds rate by 1.5% over the past two months—the steepest increase since the price-fighting era of Paul Volcker in the early 1980s.
The U.S. Treasury Department says allies must work together to create shared standards for regulating cryptocurrencies so that it's harder for bad actors to get away with crimes.
Following in the footsteps of inflation-slayer Volcker, Powell openly endorses raising rates into restrictive territory with the aim of cooling off the labor market.