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US Treasury Secretary Yellen Warns of Challenges in Controlling Deficits and Interest Expense

U.S. Treasury Secretary Janet Yellen has stressed the importance of managing U.S. borrowing needs amid higher long-term interest rates, emphasizing the need to boost revenue in budget negotiations. “We’ve raised…

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Federal Reserve Poll Reveals Only 7% Used Cryptocurrency in 2023; Contradicts Coinbase Data

The “Economic Well-Being of U.S. Households in 2023” survey, prepared by the Federal Reserve and executed by Ipsos, has revealed that only 7% of the people polled held or used…

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Goldman Sachs CEO Forecasts No Fed Rate Cuts This Year

David Solomon, CEO of Goldman Sachs, expressed doubts about the Federal Reserve cutting interest rates this year due to the resilient economy, bolstered by government spending and investments in AI…

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Top 5 Cryptocurrencies to Watch if the US Federal Reserve Cuts Rates

TL;DR The COVID-19 pandemic led to massive economic disruptions, prompting the US government to print trillions of dollars, which resulted in high inflation. To counter this, the Federal Reserve raised…

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US Lawmaker Introduces Bill to Dismantle Fed’s Board of Governors and Abolish the Central Bank

Following the policymaker’s survey, U.S. Representative Thomas Massie (R-Ky.) announced the introduction of H.R. 8421, known as the “Federal Reserve Board Abolition Act.” This legislation aims to dismantle the Board…

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Tens of Thousands Show Overwhelming Support for Abolishing the Fed, US Policymaker’s Poll Reveals

On May 15, Thomas Massie, a Republican member of the United States House of Representatives, posted on X, inquiring whether he should introduce legislation to abolish the U.S. Federal Reserve.…

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