The recent ambiguous messaging from the Federal Open Market Committee’s meeting, which left markets struggling to interpret signals from the FOMC statement and Chair Jerome Powell’s comments, is typical of the abstruse signals that can be found in central bank policy-setting. But new tools, such as blockchain’s cryptographic verification systems, could guide policymakers’ decisions.

​The recent ambiguous messaging from the Federal Open Market Committee’s meeting, which left markets struggling to interpret signals from the FOMC statement and Chair Jerome Powell’s comments, is typical of the abstruse signals that can be found in central bank policy-setting. But new tools, such as blockchain’s cryptographic verification systems, could guide policymakers’ decisions. Consensus Magazine, opinion, Money Reimagined, Newsletters, Opinion, Federal Reserve, Jerome Powell, FOMC, Federal Open Market Committee, Federal Open Market Committee (FOMC), Bipartisanship, Policy, Central Bank, Patrick McHenry, Gary Gensler 

Author:

Leave a Reply

Your email address will not be published. Required fields are marked *