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Will 2023 Be the Year of the Bitcoin ETF?

A tough crowd for the digital dollar

The U.S. took a baby step toward launching a digital version of central bank money on Wednesday.

Weekly Commentary: Deflation And Policy Mistakes

Hotter-than-expected August CPI and quarterly options/derivatives expiration made for a toxic mix. “Core” CPI was reported up 0.6% for the month (7% annualized!), double estimates.

The bigs are alright

Thirty-three big banks have enough capital to absorb more than $600 billion in losses and keep lending.

GOP to Powell: Play by the rules

We were struck by how they used the occasion to revive an old GOP talking point: the Fed has too much discretion.