Christopher Waller News

Banks in the traditional finance sector are exercising caution before interacting with companies operating in the crypto space, thanks to the current sentiments of banking regulators. Recent statements from these regulators have pointed towards a not-so-friendly stance towards crypto firms. 

Federal Reserve Governor Christopher Waller on Wednesday talked tough on inflation, warning that the fight is not over and could result in higher interest rates than markets are anticipating.

Federal Reserve Governor Christopher Waller on Friday had a pair of warnings for those involved in cryptocurrency assets, telling buyers they could lose their investments, and banks that they must guard against bad actors and risks to the financial system. In recent months the cryptocurrency industry has been roiled by massive losses for investors, bankruptcies of crypto exchanges, lenders and payment platforms, and high-profile court cases including a criminal case against FTX founder Sam Bankman-Fried. U.S. regulators including the U.S. central bank have told banks they need to be more careful about fraud risk. In remarks prepared for delivery to a Global Interdependence Center conference, Waller said so far the spillover to the broader financial system has been «minimal,» and it is critical that regulators make sure to mitigate financial stability risks associated with stress in the crypto industry. At the same time, he said, banks considering engagement in cryptocurrency must meet «know your customer» and anti-money laundering requirements, and must ensure they monitor customers' business models and risk-management systems so that the bank is «not left holding the bag» if there is a crypto meltdown

The parts that make up the cryptocurrency ecosystem are not all equal, United States Federal Reserve Board governor Christopher Waller told a conference audience on Feb. 10. He had clear preferences among the three elements of the ecosystem that he identified.

Federal Reserve governor Christopher Waller said inflation doesn’t look poised to rapidly fall to the central bank’s 2% target, leaving policy makers with more work to do as they try to bring rising prices under control.

This week on The Market Report, the resident experts at Cointelegraph discuss the real reasons behind the recent price pump in the market. Can this lead to a $25,000 Bitcoin (BTC) and beyond, or will some unforeseen event ruin the party? Tune in to find out.

Bitcoin (BTC) rallied 11% between Jan. 20 and Jan. 21, reaching the $23,000 level and shattering bears' expectations for a pullback to $20,000. Even more notable is the move brought demand from Asia-based retail investors according to data from a key stablecoin premium indicator.

This week Bitcoin (BTC) rallied to a 2023 high at $23,100 and the move followed a notable recovery in traditional markets, especially the tech-heavy Nasdaq Composite Index, which gained 2.9% on Jan. 20.

The U.S. economy and the pace of wage growth need to slow down in order for the Federal Reserve to be confident that its interest-rate increases will bring inflation down, a central bank official said Wednesday.

Federal Reserve officials are barreling toward another interest-rate rise of 0.75 percentage point at their meeting Nov. 1-2 and are likely to debate then whether and how to signal plans to approve a smaller increase in December.

A United States central bank digital currency (CBDC) would not enhance the qualities of the U.S. fiat dollar that foreign companies value most, U.S. Federal Reserve Board governor Christopher Waller in a speech released Oct. 14. CBDC skeptic Waller took a look at the question through the lens of national security at a symposium held at Harvard University. Waller had a more favorable view of dollar-backed stablecoin.

Federal Reserve Governor Christopher Waller on Friday echoed recent sentiments from his colleagues, saying he expects a big interest rate increase later this month.

Federal Reserve Governor Christopher Waller said he's willing to consider what would be the most aggressive interest rate hike in decades at the central bank's meeting later this month.

The Federal Reserve is well on its way to another sharp interest rate hike in July and perhaps September as well, even if it slows the economy, according to statements Thursday from two policymakers.

A top Federal Reserve official said he would support raising the benchmark interest rate by 0.75 percentage point at the central bank’s July 26-27 meeting as part of an effort to raise rates quickly to levels designed to slow the economy in order to combat high inflation.

Federal Reserve governor Christopher Waller said that if the economy performs in line with his expectations, he would support raising interest rates by another 0.75 percentage point at the central bank’s meeting next month.

Regulating cryptos would protect 'the rest of us': US policymaker

Regulation is needed to open the crypto ecosystem to a larger public, United States Federal Reserve Board Governor Christopher Waller told an audience at the SNB-CIF Conference on Cryptoassets and Financial Innovation in Zurich, Switzerland. Financial intermediaries can help manage risk for new crypto users, but cannot eliminate it, Waller said, and new and fast-growing financial products need public confidence to survive.

Federal Reserve Vice Chair Lael Brainard said Thursday that it's unlikely the central bank will be taking a break from its current rate-hiking cycle anytime soon.

Federal Reserve Governor Christopher Waller said Monday he sees interest rate increases continuing through the rest of the year as part of an effort to bring inflation under control.

As aggressive as the path for U.S. monetary policy tightening appears right now, one Federal Reserve governor doesn’t believe the central bank faces a world as ugly as when it last confronted inflation this high.