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Fed Chair Powell hints on digital dollar timing

Slatestone Wealth Chief Market Strategist Kenny Polcari, Ladenburg Thalmann Asset Management CEO Phil Blancato and Kaltbaum Capital Management President Gary Kaltbaum on the state of the economy and Fed Chair Jerome Powell s remarks. Federal Reserve Chairman Jerome Powell said that the central bank was advancing research and public outreach regarding its own digital dollar – and a white paper could be released this fall. We expect to publish a report around – could be early September, plus or minus, in that timeframe, Powell said in testimony before the U.S. House of Representatives Financial Services. We’re working hard on it right now.

Stocks rebound as bond yields stabilize

Stocks rebound as bond yields stabilize
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