Fed Chair Powell Says Rate Cuts ‘Not in Our Base Case’ — Inflation Still ‘Too High’

Federal Reserve Chairman Jerome Powell does not see the Fed cutting interest rates this year. “Inflation remains too high, and the labor market continues to be very tight,” Powell said, adding: “Financial conditions seem to have tightened, and probably by more than the traditional indexes say.” Fed Chair Powell Expects No Rate Cuts This Year …

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Economist Peter Schiff Warns Inflation About to Get ‘a Whole Lot Worse’ — Americans’ Cost of Living to ‘Go Way up’

Economist Peter Schiff has warned that inflation is poised to worsen significantly and Americans’ cost of living “is going to go way up.” Citing that the Federal Reserve is financing a “massive bailout” for banks, he stressed: “This is going to cost Americans a lot of money.” Peter Schiff’s U.S. Inflation Warning Economist and gold …

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Wharton Professor Expects Bitcoin to Fall When People Feel Safe in the Banks Again

A finance professor emeritus at the Wharton School of the University of Pennsylvania, Jeremy Siegel, expects the price of bitcoin to fall when people feel they are “safe in the banks again.” Following the collapse of several major banks, he noted that “Bitcoin is enjoying its biggest rally in a long time.” Professor Siegel Wants …

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SEC in a Pickle: Crypto’s Tricky Trio Stirs Up Trouble in 2023

2023 is shaping up to be a painful year for the U.S. Securities and Exchange Commission (SEC) as it finds itself entangled in battles with the ever-evolving and innovative cryptocurrency industry. From Ripple to Coinbase and Tron, the SEC faces fierce opposition with potentially huge consequences. The following opinion editorial was written by Joseph Collement, …

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SHAmory Announces Satoshi Plush That Will Support The Built With Bitcoin Foundation

21% of the proceeds of the sale of Satoshi will be donated to the non-profit BWB organization. SHAmory, a Bitcoin company that produces educational materials, an educational Bitcoin company that produces STEM-authenticated books and games, has announced a new special edition African themed plush toy named “Satoshi.” 21% of the proceeds of the gross sales …

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Under A Bitcoin Standard, Legacy Institutions Will Adapt And Improve

When bitcoin becomes the global reserve currency, central banks won’t go extinct, but they will have to evolve. This is an opinion editorial by Jonathan Garner, a Bitcoin, finance and economics blogger at The Capital. Legacy reserve currencies. Source. If bitcoin were to really become a global reserve currency, that would mean that the U.S. dollar’s …

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