Federal Reserve minutes reveal angst regarding Upside Inflation Risks’

Federal Reserve minutes reveal angst regarding ‘Upside Inflation Risks’ The minutes from the July FOMC meeting were released today. The document indicated that most Federal Reserve officials still believe that high levels of inflation are an ongoing threat and merit additional interest rate hikes. However, there was not an overall unison regarding the path forward […]

Gold futures remain in uptrend with an expected Fed pause

Gold futures remain in uptrend with an expected Fed pause The gold market did not see much of a reaction after CPI inflation cooled slightly more than expected on Thursday, followed by a mildly hotter-than-expected PPI inflation report this morning. U.S. CPI annual inflation rose 3.2%, up from 3% in June, while PPI inflation for […]

Bank of Canada finds little reason for Canadians to adopt a CBDC RCMP wants a digital repository for seized crypto

Bank of Canada finds little reason for Canadians to adopt a CBDC, RCMP wants a digital repository for seized crypto An investigation conducted by the Bank of Canada (BoC) has found that the average Canadian sees little reason to adopt a central bank digital currency (CBDC), which could lead to problems with such a product […]