News list for " Savings Card"

Federal Reserve Kashkari: Very few transactions take place in cryptocurrencies, except for drugs or illegal activities

The Federal Reserve's Kashkari said very few transactions take place in cryptocurrencies, except for drugs or illegal activities.

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2024-10-22 01:54:24
Federal Reserve Kashkari: Bitcoin is still useless

The Federal Reserve's Kashkari said that bitcoin has been around for more than a decade, but it is still useless. Kashkari has publicly expressed skepticism about cryptocurrencies on several occasions, arguing that bitcoin and other cryptocurrencies are mainly used for speculation and illegal activities and lack intrinsic value.

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2024-10-15 06:02:53
Fed Kashkari expects two more rate cuts this year, 25 basis points each

Federal Reserve Kashkari: It is expected to cut interest rates by another 50 basis points in 2024, and cut interest rates twice by 25 basis points each time.

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2024-09-23 20:30:34