Fed's Outgoing Vice Chair Richard Clarida’s 'Rebalancing' Trades Ignite Fed Trading Ethics Scandal – Economics Bitcoin News

Federal Reserve chairman Jerome Powell to direct his staff to start an ethics inquiry into the financial activities of Fed members.as “rebalancing” and Clarida called the discrepancies “inadvertent errors.” Peter Conti-Brown, a Fed historian at the University of Pennsylvania told Smialek that the issue with Fed members is “deeply problematic.

” Norman Eisen, an ethics official for the Obama administration told the NYT reporter that it was “peculiar.”Fed members are being scrutinized a great deal for the trades they did prior to the advancement of Covid-19-related monetary easing policies. Clarida’s trades, in particular, weresettled the day before Powell announced the Fed’s emergency measures to help bolster the economy.

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Bitcoin could outperform stocks in 2022 amid Fed tightening — Bloomberg analystThe Fed's hawkish tone has many crypto traders concerned about the health and sustainability of the bull market. bitcoin is on a crash course and stock market bubble is about to burst, both will decline so no point analyzing which asset class will lose the most Definitely prepared to take action!! xrdoge You all should follow Eden_sbe he knows his stuff when it come to Bitcoin , his tweets and tips have been really helpful in the space I just feel like this is a time to get bullish on BTC ,I believe 2022 could be very well the year where $BTC will show it’s true potential.
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