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What to expect as Federal Reserves ends QT

His speech comes as the Fed ends quantitative tightening (QT) while the odds of a cut at the upcoming meeting continue to climb, which is a positive for the crypto market.

The Fed ends QT today, which is a positive for the crypto market.

Jerome Powell ends Quantitative Tightening; Financial Repression to Follow?

Previously:

US Treasury recommends exploring creation of a digital dollar

The Biden administration is moving one step closer to developing a central bank digital currency, known as the digital dollar. Administration officials say it’d help reinforce the U.S. role as a leader in the world financial system.

Fed’s Powell: a U.S. digital dollar could help maintain international primacy

The development of an official digital version of the U.S. dollar could help safeguard its global dominance as other countries issue their own, Fed Chair Jerome Powell said on Friday, weighing in with generally positive remarks on a hot-button topic at the central bank that has left policymakers divided.

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Ten countries have already launched central bank digital currencies and another 105 countries are exploring the option, according to the Atlantic Council, leading to fears the dollar could lose some of its dominance to China.