According to Unchained, the Trump administration may not launch a formal "cryptocurrency committee" as previously promised, but instead plans to hold a series of industry summits on specific cryptocurrency policy topics. According to three people familiar with the matter, the summits will invite different cryptocurrency industry leaders to take turns. Initial sessions are expected to focus on topics such as banking, payments, data centers and bitcoin mining. Multiple industries...
Federal Reserve Chairperson Jerome Powell said the Federal Reserve would not comment on fiscal policy, but the US federal budget was on an unsustainable trajectory. Now is the perfect time to start dealing with it. It is up to Congress to deal with fiscal issues.
Federal Reserve Chairperson Jerome Powell said that the Fed's framework review will not focus on the inflation target, which will remain at 2%. Current policy is well prepared to deal with risks and uncertainties. If the economy continues to be strong and inflation does not move closer to 2%, policy caution can be maintained for a longer period of time. If the labor market unexpectedly weakens or inflation falls more than expected, policy can be moderately eased. The U.S. economy as a whole is s...
To avoid headlines, Powell may not rule out a rate cut in March and will try to remain neutral on Trump's economic policies. Click to view...
Chris Burniske, a partner at Placeholder, wrote in an X post: "People won't like me saying this, but if $10 trillion is a round number target, then we're likely to miss it this cycle. This is a good slogan for rebounding from the bottom of the market, and will prove correct during this cycle, but will eventually be surpassed. That is, as we move forward...
JPMorgan Chase CEO Dimon said that the Federal Reserve's interest rate cut will not have an impact on the US election, and Trump's views may bring more uncertainty to the world. Hope for a soft landing in the United States, but skeptical about inflation.
Vice President Harris has promised not to raise taxes on the middle class if elected president.
According to sources, Trump will not mention Biden's name during his speech at the Republican National Convention.