FDIC Chairman: US banking regulators exploring 'roadmap' for banks to engage with cryptocurrency. They are also examining cryptocurrency custody services, collateral use, and balance sheet holdings.
US Democrat Senator Manchin: The President should decide the debt limit increase with Congress having override power.
China pushes the founder of Evergrande to repay debts using personal fortune.
The German government anticipates that inflation will rise to 2.9% in 2021, then fall to 2.2% in 2022 and 1.7 % in 2023 - source.
In 2023, the German government forecasts a 1.6% increase in GDP - Sources.
Goldman Sachs CEO Solomon: The likelihood of high inflation and slow development is growing.