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Bank of Russia Has Stockpiled Reserve Comprised of Non-US Sanctioned Assets, Governor States

Elvira Nabiullina, governor of the Bank of Russia, has affirmed the bank has stockpiled reserves in assets that are not susceptible to being affected by U.S. sanctions. The official clarified…

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Biden Administration Lowballs Inflation Predictions, Report Says Americans Are ‘Fixated’ on Dollar Value

As inflation continues to wreak havoc on American wallets, the U.S. dollar’s lack of purchasing power has been affecting nearly every U.S. resident’s spending decisions. On Monday, U.S. president Biden…

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Fed Chair Jerome Powell Hints at Aggressive Rate Hikes After Saying ‘Inflation Is Much Too High’

The 16th chair of the Federal Reserve, Jerome Powell said that America’s “inflation is much too high” on Monday, and he further explained that the U.S. central bank is willing…

Continue ReadingFed Chair Jerome Powell Hints at Aggressive Rate Hikes After Saying ‘Inflation Is Much Too High’