Outlook & Policy
Central-bank actions, inflation, employment, growth. The macro lens for everything below.
US Core CPI
+2.76%
YoY · Aug 1
US Core PCE
3.34%
YoY · Fed target · Jul 1
Fed Funds Rate
3.75%
Target · Upper · Sep 12
10Y Treasury
4.95%
Yield · Sep 10
US GDP Growth
+1.50%
QoQ · Annualized · Apr 1
US Unemployment
4.10%
Civilian rate · Aug 1
Industrial Production
+1.08%
YoY · Jul 1
US M2 Supply
+5.41%
YoY · Jul 1
- Banking Policy
OpenReserve Gains Preliminary Approval for U.S. Bank Launch
OpenReserve has received preliminary approval to establish a national bank in the U.S., requiring $210 million in capital before launch.
Mercation Admin1 min - Banking Policy
OpenReserve Receives Conditional Approval for National Bank Charter
OpenReserve Bank has received preliminary conditional approval to charter as a national bank in Salt Lake City, Utah, requiring $210 million in capital before opening.
Mercation Admin3 min - Banking Policy
Revolut Secures Preliminary Approval for U.S. Banking License
Revolut has received conditional approval from U.S. regulators to create its own bank, aiming for a 2027 launch.
Mercation Admin1 min - Banking Policy
BIS: Stablecoins Not Suitable for Widespread Payments
The head of the BIS stated that stablecoins lack reliability for widespread payments, advocating instead for tokenized bank deposits as the foundation of a digital financial system.
Mercation Admin2 min - Banking Policy
Bank of England to Promote Crypto Payments and Stablecoins
The UK government plans to empower the Bank of England to support innovation in payment systems, including stablecoins, while ensuring financial stability.
Mercation Admin1 min - Banking Policy
Bank of England Assigned New Legal Responsibility for Stablecoin Development
The Bank of England will now have a legal duty to drive innovation in payment systems and digital money, as announced by the Treasury.
Mercation Admin2 min - Banking Policy
Formation of BankChain Alliance to Create Bank-Owned Blockchain Network
Thirty-nine state banking associations have launched the BankChain Alliance, aiming to create a bank-owned blockchain network for various financial services by 2027.
Mercation Admin2 min - Banking Policy
Dallas Fed Economists Warn of Risks from Tokenized Deposits
Dallas Fed economists caution that tokenized deposits could destabilize banks' funding models and lending capabilities, potentially impacting consumer borrowing costs.
Mercation Admin3 min - Banking Policy
Trump-Linked World Liberty Financial Receives Conditional Bank Approval
World Liberty Financial, linked to the Trump family, has received conditional approval to launch a trust bank in the U.S., raising regulatory and ethical concerns.
Mercation Admin1 min - Banking Policy
U.S. Banking Regulator Aims to Finalize GENIUS Act Stablecoin Regulations by November
The OCC plans to finalize stablecoin regulations under the GENIUS Act by November, ahead of a January 2027 deadline, as it prepares to process issuer applications.
Mercation Admin2 min - Banking Policy
US Treasury Proposes Stablecoin Regulations Under GENIUS Act
The U.S. Treasury has proposed new regulations for stablecoins under the GENIUS Act, focusing on issuer requirements and reserve management.
Mercation Admin2 min - Banking Policy
Zerohash's Bid for U.S. Trust Bank Charter Rejected by Regulators
Zerohash, a crypto infrastructure provider for Morgan Stanley's E*Trade, faces challenges as its application for a U.S. trust bank charter was returned by regulators, prompting plans for a revised submission.
Mercation Admin6 min