Outlook & Policy
Central-bank actions, inflation, employment, growth. The macro lens for everything below.
US Core CPI
+2.81%
YoY · Jun 1
US Core PCE
3.41%
YoY · Fed target · May 1
Fed Funds Rate
3.75%
Target · Upper · Jul 16
10Y Treasury
4.55%
Yield · Jul 15
US GDP Growth
+2.10%
QoQ · Annualized · Jan 1
US Unemployment
4.20%
Civilian rate · Jun 1
Industrial Production
+1.67%
YoY · May 1
US M2 Supply
+5.58%
YoY · May 1
- Banking Policy
ECB Warns of Bank Deposit Outflows to Stablecoins
The ECB warns that increasing stablecoin usage could reduce retail bank deposits, highlighting the need for CBDCs to maintain public money's role in digital payments.
Mercation Admin1 min - Banking Policy
US Banks Urge Closure of Loopholes in Stablecoin Yield Ban
US banking associations are urging the Senate to clarify the CLARITY Act to prevent stablecoin yield loopholes, emphasizing the need for regulatory clarity.
Mercation Admin2 min - Banking Policy
World Liberty Financial Approaches Trust License Approval in the U.S.
World Liberty Financial is close to receiving conditional approval for a national trust bank license in the U.S., enabling it to manage digital asset services.
Mercation Admin1 min - Banking Policy
Survey Reveals Concerns Over Stablecoin Yields Impacting Lending
A recent survey by the American Bankers Association reveals public concerns about stablecoin yields potentially threatening bank lending and deposits.
Mercation Admin5 min - Banking Policy
China Strengthens Financial Influence in Southeast Asia through CIMB
China Merchants Bank has partnered with CIMB to boost financial services in Southeast Asia, enhancing cross-border transactions and trade financing.
Mercation Admin1 min - Banking Policy
U.S. Senate Federal Credit Union to Transition to Thought Machine's Centralized Platform
The U.S. Senate Federal Credit Union is transitioning to Thought Machine's centralized platform to modernize its banking and payment systems.
Mercation Admin1 min - Banking Policy
JPMorgan Opposes Parallel Banking System Based on Stablecoins
JPMorgan's CFO Jeremy Barnum warns against the risks of stablecoins offering interest, opposing a parallel banking system outside regulatory safeguards.
James Park1 min