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Eric Rosengren

Former Fed President Discusses Potential for 2 Interest Rate Cuts This Year

Former Fed President Discusses Potential for 2 Interest Rate Cuts This YearFormer Boston Fed President Eric Rosengren has outlined the potential for two interest rate cuts this year. He cited recent Federal Open Market Committee (FOMC) discussions and stabilizing inflation trends. “I am expecting we’ll probably get some more favorable inflation numbers over the next couple of months,” he opined. ‘I Don’t Think We’re Down to […]

Vaneck Analysts Forecast Bitcoin’s Path to $180,000 Amid Regulatory Shift

US Treasury Department Officials Discuss ‘Risks and Benefits Posed by Stablecoins’ With Players From Financial Industry

US Treasury Department Officials Discuss ‘Risks and Benefits Posed by Stablecoins’ With Players From Financial IndustryThe U.S. Treasury Department is reported to have held meetings with participants from the country’s financial industry to discuss “the risks and benefits posed by stablecoins.” In addition, officials are said to have used the meetings to discuss “whether stablecoins would require direct oversight if they become extremely popular.” Policymakers Alarmed by Growth of Crypto […]

Vaneck Analysts Forecast Bitcoin’s Path to $180,000 Amid Regulatory Shift

Boston Fed President Says the ‘Exponential Growth’ of Stablecoins Could ‘Disrupt’ Money Markets

Boston Fed President Says the ‘Exponential Growth’ of Stablecoins Could ‘Disrupt’ Money MarketsBoston Federal Reserve president Eric Rosengren discussed stablecoins in a recent presentation on June 25. Rosengren stressed that stablecoins could be a “disruptor” to prime money market funds and the Boston Fed president remarked that the exponential growth of stablecoins is concerning. Rosengren: ‘We Should Be a Bit Concerned About Stablecoin Markets Growing Very Rapidly’ […]

Vaneck Analysts Forecast Bitcoin’s Path to $180,000 Amid Regulatory Shift