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Chicago Fed President AUSTAN GOOLSBEE said in an interview that the United States still has a lot of work to do to achieve inflation of 2%.
On February 5, Richmond Federal Reserve President Barkin said in an interview that the Federal Reserve is still inclined to cut interest rates this year and has not seen any signs of economic overheating.
Most economists surveyed expect the Bank of Japan's next rate hike to be in July, but 45% also said the BoJ could act as early as April. Click to view...
David Solomon, Goldman's chief executive, said in an interview that the bank still could not own, dominate or participate in bitcoin from a regulatory perspective, saying: "If the world changes, you and I can discuss it." In response to whether Trump's potential strategic bitcoin reserves would affect the bank's handling of crypto, he said: "First of all, you know, we've talked about this many times, and the underlying technology is what we spend...
The decline in inflation has allowed the ECB to lower interest rates, and prices are rising faster than average wages, which is also one of the factors in cutting interest rates, Villeroy said in an interview. Villeroy stressed that the ECB's interest rate policy decisions are independent of the Federal Reserve. The evidence is that the ECB started lowering interest rates in early June, and the Federal Reserve did not cut interest rates until three months later. As inflation falls, we will be ab...
Michael Saylor, founder of MicroStrategy, said in a recent interview: "My view is that Bitcoin will appreciate 29 per cent a year for the next 21 years."
A Reuters poll showed that most economists surveyed believe the Federal Reserve will cut interest rates by 25 basis points at each of the three remaining policy meetings in 2024, and only nine of 101 economists expect the Fed to cut rates by 50 basis points next week. Stephen Stanley, chief U.S. economist at Santander, said: "The jobs report, while weak, is not catastrophic. Neither Williams nor Waller on Friday agreed with...
Yan Gang, a member of the Legislative Council of the Hong Kong Special Administrative Region, said in an interview that accelerating the development of the digital Hong Kong dollar, enriching financial products and enhancing market influence. Digital currencies adapt to the development of financial digitalization and have the potential to lead innovation in the field of financial technology. By establishing more efficient payment and financial infrastructure, digital currencies can improve the e...
In his latest interview, President Biden said he would reassess whether to remain in the presidential race if doctors told him directly that his medical condition was problematic. The comment was the latest in a series of back-and-forth explanations of what might cause him to reconsider. Biden also said for the first time that he had hoped to "leave" the presidency and give it to someone else, but decided to run again because he believed his "wisdom" and experience would help bridge the country'...
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