Central Bank Analysis - A true moment of crisis for the central bank [1]

Federal Reserve Policy - President Donald Trump removed Federal Reserve Governor Lisa Cook from her position [1] - This action intensifies President Trump's aggressive stance toward the central bank [1]

Market Focus - Federal Reserve chair Jerome Powell is scheduled to speak at the central bank's annual Jackson Hole Symposium on Friday [1] - The event could be a major test of the stock market's post-"Liberation Day" rally [1]

Bitcoin Adoption Trend - MicroStrategy's adoption of Bitcoin as a reserve asset has proven successful, with Bitcoin's market cap increasing from $200 billion to over $2 trillion [1] - The trend of adding Bitcoin to corporate treasuries is expected to start small and gradually increase to a majority percentage [2] - The adoption of Bitcoin will progress from individuals to corporations, starting with smaller market cap companies, and eventually to central banks [3][4] Rationale for Bitcoin Adoption - Bitcoin is considered sound money for a digital world due to its provable scarcity [5] - Increased demand for Bitcoin's capped supply is expected to drive its US dollar value higher [5] - Institutional investors, large corporations, and governments entering the Bitcoin market are expected to accelerate adoption and USD price [6] Macroeconomic Factors - The macro environment is accelerating the adoption of Bitcoin as a tool to protect wealth [6] - Corporations and central banks are recognizing the value of Bitcoin, similar to individual investors [7]

Fed Policy & Market Impact - Bank of America suggests a potential shift in the Fed's Treasury portfolio composition [1] - This shift could lead to the central bank purchasing nearly $2 trillion (万亿) of bills in the next two years [1]

Inflation & Monetary Policy - Nigerian annual inflation slowed for a fourth consecutive month in July [1] - The slowing inflation strengthens the case for the central bank to begin cutting borrowing costs [1] - Borrowing costs are currently at a record high [1]

El banco central ha recaudado más de US$3.000 millones comprando oro boliviano en moneda local y vendiéndolo a cambio de dólares. https://t.co/Uwh64haOXu ...

Monetary Policy & Inflation - The Fed's current approach to inflation may be too rigid, as precise measurement and control are not feasible, suggesting a 1-3% inflation range is acceptable [3][4][5] - Current economic data suggests the Fed funds rate of 433% is too high, supported by the inverted yield curve indicating potential for a 50 basis point rate cut [6] - Tariffs are essentially a tax, partially paid by foreign entities, and may ultimately lead to lower inflation [8][10] Economic Outlook & Data - Recent revisions to job numbers indicate a weakening economy, aligning with previously weak GDP figures [6] - Uncertainty surrounding tariffs is weighing on the economy, potentially contributing to a lower GDP growth rate [16] - Tariffs represent a new source of revenue for the federal government [17] Tariffs & Trade - The impact of tariffs is being absorbed mainly in corporate profits, including foreign corporate profits [11][12] - The speaker disagrees with tariffing inputs like copper and parts needed by US companies, especially when competing with China [15] - The use of tariffs as a negotiating tool creates uncertainty for businesses [13][14] Fed Chair Candidacy - Mark Summerland has been mentioned as a possible candidate for Fed chair [1] - Summerland has been in regular contact with Treasury Secretary Bessant regarding monetary policy [18][19] - Summerland would consider the Fed chair position if aligned with the President's views, emphasizing the Fed's independence [21][22]

The Federal Reserve’s two vice chairs, Michelle Bowman and Philip Jefferson, and Dallas Fed President Lorie Logan are under consideration to serve as chair of the central bank when the position opens next year https://t.co/UGCQK788nk ...

Appointments - Vitai Ratanakorn has been endorsed as Thailand's new central bank governor [1] - The appointment follows the cabinet's selection of the banker more than two weeks prior [1]