Daily Money & Banking News Update: 4/6/2017

  1. Fed Can Start Unwinding Stimulus This Year: Williams (CNBC)
  2. Gary Cohn Supports Splitting Lending and Investment Banks: Bloomberg (CNBC)
  3. Banks, Insurers May Suffer If US Gets Stuck in a Low Interest Rate Economy, IMF Says (MarketWatch)
  4. The Stock and Real Estate Markets Will Tumble Once the ECB Follows the Fed (MarketWatch)
  5. The Next Step in Europe’s Negative Interest Rate Experiment (Mises Institute)
  6. What Two Billion Retail Transactions Reveal About Consumers’ Choice of Payments (Richmond Fed)
  7. Dollar-Denominated Cryptocurrencies: Flops and Tethered Success (Cato Institute)
  8. PCGS to Begin Branch-Mint ID for Certain American Silver Eagles; Gives Tips on How to Identify the Branch (Coin Update)
  9. White House’s Cohn Backs Return to Glass-Steagall Law: Report (MarketWatch)
  10. Germany Is Doubling Down on Its Resistance to ECB Stimulus… and It’s Now Affecting the Euro (CNBC)
  11. Draghi Says ECB’s Policy Stance Is Still Appropriate, Too Soon to Reduce Stimulus (CNBC)
  12. NY Fed Disagrees With Minutes: Does Not Expect Balance Sheet Renormalization Until Mid-2018 (Zerohedge)
  13. ECB Calls for Tougher Regulation of Foreign Bank Branches (Reuters)
  14. Fed’s Kashkari Says JPMorgan’s Jamie Dimon Is Dead Wrong About Banks (CNBC)
  15. The Fed’s New Frontier: What Happens, Why It Matters, and What Could Go Wrong (CNBC)
  16. ECB’s Mario Draghi: It’s Too Soon to Reduce Stimulus (Wall Street Journal)