St. Louis Fed President Says Central Bank’s ‘Credibility Is On the Line’ as U...
Inflation continues to grip American wallets, according to a recent economic analysis from Moody’s Analytics, which shows inflation is likely costing the average U.S. household between $250 to $276 per month. Meanwhile, the U.S. Federal Reserve is expected to raise the benchmark interest rate in March and St. Louis Fed president James Bullard believes the Fed needs to “front-load” rate hikes. St. Louis Fed President on Inflation: ‘People Are Unhappy, Consumer Confidence Is Declining’ Last week, the U.S. Labor Department published its Consumer....
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David Andolfatto, Vice President of the Federal Reserve Bank of St. Louis, is not quick to dismiss Bitcoin. Vice President of the Federal Reserve Bank of St. Louis David Andolfatto released a report on Bitcoin (PDF) yesterday, and it gave the Bitcoin community another peak into what financial regulators really think about cryptocurrency. The report is 36 pages long, but one of the most interesting slides in the report has to do with Bitcoin's effect on taxation. It talks about how the recent IRS ruling could limit the bitcoin's attractiveness as a currency, but the St. Louis Fed also....
St. Louis Federal Reserve president James Bullard told the press on Tuesday that he thinks the U.S. central bank needs to wind down the buying of $80 billion worth of monthly bond purchases. Bullard says he would support tapering starting as early as November, in order to “react to possible upside risks to inflation next year.” St. Louis Fed President Has Been ‘Advocating Trying to Get Finished With the Taper Process’ On Tuesday, Bitcoin.com News reported on the rising concerns over inflation as the Federal Reserve’s latest Survey of Consumer Expectations....
As inflation continues to wreak havoc on the lives of ordinary American citizens, all eyes are focused on the U.S. Federal Reserve’s plans to fix the situation. Meanwhile, as the St. Louis Fed president James Bullard wants to aggressively hike the benchmark bank interest rate, Atlanta Fed president Raphael Bostic thinks the central bank needs to use caution.
Atlanta Fed President Raphael Bostic: ‘The Fed Needs to Be Cautious as We Move Forward’
The U.S. economy looks bleak after two years of abnormal inefficiencies that have plagued the citizenry’s....
In celebration of Louis Vuitton’s bicentennial birthday in the fashion industry, the elite luxury brand launched the Louis Vuitton NFT game in 2021 called Louis: The Game. And it has jumped to more than 2 million downloads as of this writing. The game has stirred a lot of response and community engagement all over the […]
PancakeSwap, a leading decentralized finance (DeFi) platform, has officially launched its anticipated Version 3 (V3) on the Linea Mainnet. According to the announcement, the collaboration between PancakeSwap and Linea aims to provide a seamless trading experience with lower fees, increased liquidity provider returns, and enhanced capital efficiency. Related Reading: Here’s Why Arthur Hayes Is Not In Support Of A BlackRock Spot Bitcoin ETF PancakeSwap V3 On Linea Linea, formerly known as ConsenSys zkEVM, stands as Layer 2 scaling solution powered by ConsenSys. Linea achieves faster....