Former New York Fed President Bill Dudley says bitcoin prices have risen more than 40 percent since Trump won the US Presidential Election, in part because people hoped he would support the creation of the cryptocurrency.
Ethereum developer Rick Dudley called Ethereum co-founder Vitalik Buterin on the X platform, saying that if it is not difficult to get the Ethereum beacon chain to run RISC-V and make sense to run EVM, he is very interested in managing the project. To this, Vitalik Buterin responded that a large part of the existing Ethereum proof of validity formal verification roadmap is to verify the implementation of EVM in RISC-V, and suggested that Rick Dudley approach Alexander Hicks, who is responsible f...
以太坊开发人员Rick Dudley在X平台喊话以太坊联合创始人Vitalik Buterin,表示如果要让以太坊信标链运行RISC-V并使得运行EVM有意义并不困难,他非常有兴趣管理这个项目。对此,Vitalik Buterin回应称,现有以太坊有效性证明形式化验证路线图的很大一部分是在RISC-V中对EVM进行验证实现,并且建议Rick Dudley与负责以太坊形式化验证与人工智能的Alexander Hicks进行接洽。
Former New York Fed President Dudley wrote in one of his recent articles that it makes sense for the Federal Reserve to aggressively cut interest rates by 50 basis points. The two objectives of the Fed's dual mandate (price stability and maximum employment) have become more balanced, suggesting that monetary policy should be neutral, neither suppressing nor promoting economic activity. However, short-term interest rates are still well above neutral for now. This discrepancy needs to be corrected...
Dudley, the former chairperson of the New York Federal Reserve, said he himself turned from hawk to dove two weeks ago, abandoning support for further Fed rate hikes and instead advocating an immediate rate cut to avoid a recession. The longer the Fed waits, the more likely the potential damage will be after more evidence of a weakening US labour market and further moderation in inflation in the past two weeks. Fed members' estimates of the neutral rate range between 2.4% and 3.8%, which is...
On July 25th, Dudley, the former president of the Federal Reserve Bank of New York (who enjoys the permanent voting rights of the FOMC and is known as the "three hands of the Federal Reserve"), said: I have long been in the camp of "keeping interest rates high for a longer time". I believe that to control inflation, short-term interest rates must be maintained at current or higher levels. But times have changed, and now the situation has changed, so I have changed my mind. The Federal Reserve sh...
Dudley, the former president of the New York Fed, wrote that he had long been in the camp of "keeping interest rates high for longer", arguing that short-term interest rates must be kept at or higher than current levels to control inflation. But the change of circumstances has changed his mind. He now believes that the Federal Reserve should cut interest rates, preferably at next week's interest rate meeting.