First Mover Asia: Bitcoin and Other Cryptos Tick Up in Weekend Trading

The challenge is to apply its primary tool, a steady series of interest-rate increases, without inflicting a recession. “I understand that families who are struggling probably don’t care why the prices are up; they just want them to go down," Biden says. "Financial advisers say some investors are interested in picking up shares of the ARKK fund at what look like bargain prices compared with the previous two years" The challenge for the Federal Reserve is to keep pace with interest rate increases without inflicting recession, Biden says. "The challenge is... not constraining business activity so much that hiring was feeling a pinch," he says. The Fed has shifted its emphasis from maximum employment to its other mandate: price stability. It has shifted Source