Fed policymakers said at a meeting about a week after Trump's inauguration on January 20 that Trump's initial policy recommendations had raised concerns at the Fed about rising inflation. According to published meeting notes, participants "generally pointed to upside risks to the inflation outlook" rather than risks to the job market. "Participants specifically mentioned...
Cleveland Fed President Beth Hammack said it would be appropriate to keep interest rates on hold for "some time" while policymakers wait for inflation to decline further and analyze the economic impact of the new administration's policies. "We've made good progress, but 2 percent inflation is yet to be seen," Hammack said in a note prepared for the event in Lexington, Kentucky, on Tuesday. "As long as the labor market remains healthy, I will look for inflation before further policy adjustments.....
据MakersPlace官方消息,因持续的市场挑战和融资困难,该数字艺术平台在运营六年后宣布将停止运营。即日起,平台将禁用铸造、代币导入及新账户创建功能,但艺术品购买暂时继续。艺术家和收藏者需在2025年6月前将作品从MakersPlace托管钱包转移至个人钱包,相关工具将于2月上线。 MakersPlace表示,将退还未使用资金给投资者,并为员工提供公平的遣散费。平台上的所...
Moldova's parliament, controlled by pro-Western lawmakers, approved a 10-year defense strategy on Thursday that calls for increased defense spending as part of a plan to join the European Union. Pro-Russian opponents in the parliament scoffed that the document was pointlessly aimed directly at Moscow, despite Moldova's small size and small armed forces.
According to Yonhap News Agency, South Korean President Yoon Seok-yeok's impeachment case may be rejected due to resistance from ruling party lawmakers.
Members of both parties in the U.S. Congress recently said that important cryptocurrency legislation is expected to be passed by the end of the year. French Hill, vice chairperson of the House Financial Services Committee, said at DC Fintech Week that FIT21 (the Digital Asset Regulatory Framework Act) and the stablecoin bill are expected to be considered between the November presidential election and the end of the year. Senator Kirsten Gillibrand shared a similar view, emphasizing that with sev...
Bank of America CEO Moynihan has urged Federal Reserve policymakers to be measured in how much they cut rates. Moynihan said the Fed moved "too late" to raise borrowing costs in 2022 and now they have to make sure they don't go too far in cutting rates. He expects the Fed to cut rates by another 50 basis points before the end of the year and then four more times in 2025 by 25 basis points each, at which point the end point rate will reach 3.25%. He expects inflation to be...
On the first day of the National Assembly audit in Seoul, lawmakers have called for a special investigation into the KOK cryptocurrency scam that may have been promoted by South Korea's right-wing daily Chosun Ilbo. It is reported that victims have accused two subsidiaries of Chosun Ilbo of knowing that cryptocurrency is fraudulent, but still promoting it vigorously. Fraudsters use these positive propaganda to reassure investors that KOK is legal, and the newspaper has also delayed the prosecuti...
Bond traders are again betting that Federal Reserve policymakers are more likely to cut rates by 50 basis points than by 25 basis points at this week's meeting. Swap contracts tied to the Fed's interest rate decision show a more than 50% chance of a 50 basis point cut this week, compared with last week when traders all but ruled it out. That pushed the two-year U.S. yield back to its lowest level in two years and dragged the dollar index to its lowest level since January...
Federal Reserve officials were strongly leaning towards a rate cut at their September policy meeting last month, with several even willing to cut borrowing costs immediately, according to Federal Reserve meeting notes. Fed officials left interest rates unchanged at the FOMC meeting last month, but opened the door to a rate cut at the Sept. 17-18 meeting. At the July meeting, "an overwhelming majority" of policymakers "believed that easing policy at the next meeting may be appropriate if data con...
On July 30th, former US State Department communications policymaker Mike Benz (Mike Benz) posted on the 29th local time that the X platform is increasingly becoming his search engine. Now he can search for keywords on the X platform and narrow the date range through advanced search. Musk replied that there will be more improvements to the search function (of the X platform).
In recent weeks, U.S. lawmakers have called attention to the Nigerian government's treatment of detained Binance executive Tigran Gambaryan, who has been detained by the Nigerian government since February on charges of money laundering and tax evasion. Although the tax evasion charges were dropped earlier this month, Gambaryan remains in custody pending another case.
The awards at NFC Lisbon accompanied the launch of the AI Film Academy, aimed at “democratizing the film industry.”
Outgoing U.S. Republican Congressman Patrick McHenry has pressured the Senate to pass the FIT21 crypto regulation bill before the November presidential election. On May 22, the 21st Century Financial Innovation and Technology Act (FIT21) passed the House of Representatives, with the approval of 71 Democrats and 208 Republicans. "This should be a wake-up call to the Senate that they need to get on with this," the chairperson of the House financial services committee, who will retire from Congress...