Higher taxes are likely required in the long run, the Treasury secretary said
The market bottomed out on March 23 last year after wiping out roughly three years' worth of gains in a month
There are risks and benefits to digital currencies, the Fed chair said
The requirements were relaxed as part of the Fed's efforts to shore up the financial system
The U.S. central bank also upgraded its growth and inflation forecasts
Central bank intends to buy bonds at a "significantly higher pace"
The U.S. job market saw its highest gains in February since October 2020
The wait-and-see message caused bond yields to jump
Earnings for the big companies in the S&P 500 index are on track to be nearly 4% higher than a year earlier
The January result followed three months of declines