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US Consumers Expect Inflation to Continue Rising Sharply According to the Fed’s Latest Survey

US Consumers Expect Inflation to Continue Rising Sharply According to the Fed’s Latest SurveyThe Federal Reserve Bank of New York published the Survey of Consumer Expectations report on Monday, which shows U.S. consumers are expecting short-term inflation levels to be higher than usual. Meanwhile, the report also shows American consumers’ expectations of long-term inflation have reached the highest level since 2013. New York Fed’s Survey of Consumer Expectations […]

Select Group of Russian Firms Authorized to Use Crypto for Chinese Imports Amid Sanctions

Easy-Money Policy Continues: Fed Plans to Keep Purchasing Assets, Interest Rates to Stay Near Zero

Easy-Money Policy Continues: Fed Plans to Keep Purchasing Assets, Interest Rates to Stay Near ZeroMembers of the U.S. Federal Reserve discussed the possibility of economic measures and actions at the Federal Open Market Committee’s (FOMC) meeting on Wednesday. The Fed said that right now the central bank is not considering cutting back large asset purchases just yet, and the central bank also plans to keep interest rates at near-zero. […]

Select Group of Russian Firms Authorized to Use Crypto for Chinese Imports Amid Sanctions

US Treasury Secretary Yellen Outlines Plans to Regulate Stablecoins in Collaboration With the Fed, SEC, CFTC

US Treasury Secretary Yellen Outlines Plans to Regulate Stablecoins in Collaboration With the Fed, SEC, CFTCU.S. Treasury Secretary Janet Yellen will convene a meeting with the Biden administration’s working group on financial markets to discuss stablecoin regulation. “In light of the rapid growth in digital assets, it is important for the agencies to collaborate on the regulation of this sector and the development of any recommendations for new authorities,” said […]

Select Group of Russian Firms Authorized to Use Crypto for Chinese Imports Amid Sanctions

As Bitcoin’s Yearly Inflation Rate Dips to 1.77%, BEA Data From May Shows US Inflation Fears Are Legitimate

As Bitcoin’s Yearly Inflation Rate Dips to 1.77%, BEA Data From May Shows US Inflation Fears Are LegitimateThe U.S. economy is looking stagnant according to data stemming from the Bureau of Economic Analysis, as core personal consumption expenditures (PCE) jumped 3.4% in May from a year prior. The recent PCE spike is the highest year-over-year basis change since 1992 and the statistic is fueling inflation concerns. Amid ‘Never Ending’ Market Rallies, Core […]

Select Group of Russian Firms Authorized to Use Crypto for Chinese Imports Amid Sanctions

Rich Dad Poor Dad’s Robert Kiyosaki Urges Crypto Investors to Buy the Dip, Says ‘Stop Whining and Take Action’

Rich Dad Poor Dad’s Robert Kiyosaki Urges Crypto Investors to Buy the Dip, Says ‘Stop Whining and Take Action’Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” says now that bitcoin is “crashing,” it is a buying opportunity, especially for those who said that they could not afford it before. Alternatively, he said they can “Buy coins that outperform bitcoin for pennies,” reiterating that the Fed, Treasury, and Biden are the problems, […]

Select Group of Russian Firms Authorized to Use Crypto for Chinese Imports Amid Sanctions

US Government Concerned China’s Digital Yuan Could Threaten Dollar as the World’s Dominant Reserve Currency

US Government Concerned China’s Digital Yuan Could Threaten Dollar as the World’s Dominant Reserve CurrencyThe U.S. government is reportedly concerned that China’s digital yuan could threaten the U.S. dollar’s status as the world’s dominant reserve currency. Officials at the Treasury, State Department, Pentagon, and National Security Council are increasing their efforts to understand the implications of China’s central bank digital currency. Digital Yuan Could Be a Threat to US […]

Select Group of Russian Firms Authorized to Use Crypto for Chinese Imports Amid Sanctions

2% Inflation Is a Myth- 2021 Statistics Show Prices of Goods and Services Have Surged

2% Inflation Is a Myth- 2021 Statistics Show Prices of Goods and Services Have SurgedMembers of the U.S. Federal Reserve and fellow bureaucrats have said that they are not worried about inflation levels and some officials have even encouraged a general increase in prices for goods and services. Despite the alleged statistics that say U.S. inflation is only 2% to 2.24%, reports show that Fed’s liquidity expansion has accelerated […]

Select Group of Russian Firms Authorized to Use Crypto for Chinese Imports Amid Sanctions