At the recent Jackson Hole Central Bank Symposium, Federal Reserve Chairperson Jerome Powell hinted that the priority had shifted from fighting inflation to protecting jobs, saying further cooling in the labor market would be "unwelcome". He did not use the word "gradual" to describe the pace of future rate cuts, which some investors see as opening the door to rapid rate cuts. Traders now expect the Fed to cut rates by a full percentage point by the end of the year, meaning a 50 basis point cut ...
Jenny Johnson, CEO of Franklin Templeton, criticized traditional finance at the Wyoming Blockchain Symposium for underestimating the size of Bitcoin. She pointed out that in 2023 Bitcoin processed more than $36.60 trillion in transactions, which is twice the amount of Mastercard and Visa combined. Johnson believes that the traditional financial sector knows almost nothing about Bitcoin and its huge transaction volume. Johnson said that she spends 30% of her day researching disruptive technologie...
富兰克林邓普顿的CEO Jenny Johnson在Wyoming Blockchain Symposium上批评传统金融低估了比特币的规模。她指出,2023年比特币处理了超过36.6万亿美元的交易,这一金额是Mastercard和Visa总和的两倍。Johnson认为,传统金融领域对比特币及其庞大的交易量几乎一无所知。 Johnson表示,她每天有30%的时间花在研究颠覆性技术上,特别...