Asked if he was considering an audit of the Fed, Mr. Musk said: "Yes, of course".
Asked if he was considering an audit of the Fed, Mr. Musk said: "Yes, of course".
International monetary fund (IMF) spokesperson Kozak said when asked about bitcoin's legal tender status in El Salvador that the use of bitcoin will be voluntary. He also said that the U.S. labor market is cooling and inflation is higher than expected, but inflation is trending towards the 2% target. As uncertainty about the U.S. economic outlook remains high, the Federal Reserve needs to adjust the pace and magnitude of interest rate cuts based on upcoming data.
Asked about a bigger rate cut, Mr. Goolsbee said: Pay attention to the dot plot, which does not show inflation falling so fast or unemployment rising so high; the general consensus within the Fed is that there will be multiple rate cuts; still hope for a "soft landing"; we need the job market and GDP to stabilise.
Wang Wei, CTO of Ant Digital, revealed in response to a question from Sina Technology that Ant Digital is actively promoting the implementation of a cross-border RWA project involving new energy assets. It is reported that Ant Digital is currently involved in the Hong Kong Monetary Authority's digital currency project, jointly exploring the application of tokenized deposits, tokenized assets and central bank digital currency settlement scenarios. Wang Wei told Sina Technology, "As a new explorat...