The Challenges of Powell's Monetary Policy.

The Senior Loan Officer Opinion Survey (SLOOS) will be a key factor in determining how high the Federal Reserve ultimately raises interest rates, according to Chair Jay Powell. The next survey release is expected in April. Powell also confirmed that Vice Chair Michael Barr has been given plenty of leash in his post-SVB review of Fed regulation and supervision, and Powell won't be standing in the way. Meanwhile, Coinbase, the largest US-based digital currency exchange, revealed that the SEC warned the company of pending charges following an investigation of its trading platform, crypto staking service and wallet product.