Cleveland Fed President Mark Hammarck dissented at the third Fed meeting, where she only participated in decision-making. She opposed the idea that interest rates had to be cut due to market expectations at the time, and said her objection was supported by Powell and other colleagues. Click to view > >
Puffer Finance announced the launch of PufferDAO, a community-driven decision-making framework. Users can pledge PUFFER to cast vePUFFER NFTs and participate in governance. Proposals follow a 5-day discussion for a 2-day review, followed by a 7-day voting period.
During Trump's campaign, he said he should be consulted on the Fed's interest rate decisions. Fed Chairperson Jerome Powell did not ignore these remarks, making it clear that he would not resign if Trump asked him to do so - on the grounds that the president does not have the legal authority to remove him from office. These developments set the stage for a confrontation between the Fed and the incoming president, TS Lombard economist Dario Perkins (...
According to the policymaking office, it is predicted that Trump will win the US presidential election.
According to the policymaking office, it is predicted that Trump will win the US presidential election.
According to the policymaking office, Trump is expected to win the swing state of Georgia.
Widening divisions among European Central Bank policymakers over the outlook for economic growth could influence the interest rate cut debate in the coming months, sources said. Some fear a recession, while others are concerned about lingering inflationary pressures. With the euro zone economy entering a more precarious state, future policy decisions could be more complicated. At the heart of the debate is how weak growth and a potential recession will...
Federal Reserve Governor Tim Cook: The neutral interest rate is not the most important factor in real-time decision-making.