WuBlockchain Weekly: Certik's Resolution of Kraken Vulnerability Incident Sparks Controversy, German Government Sells BTC, SEC Concludes ETH 2.0 Investigation, etc
WuBlockchain Weekly: Certik's Resolution of Kraken Vulnerability Incident Sparks Controversy, German Government Sells BTC, SEC Concludes ETH 2.0 Investigation, etc
wublock.substack.com
1. Fed Official: Rate Cuts Possible by Year-End link Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, stated that the prediction by Bank of America that the Federal Reserve will cut interest rates once this year, but not until December, is a reasonable forecast. He mentioned that the Fed is currently in a favorable position to gradually gather more inflation data, economic data, and labor market data before making any decisions. However, if there is to be just one rate cut, as the median forecast suggests, it is likely to occur at the end of the year.
WuBlockchain Weekly: Certik's Resolution of Kraken Vulnerability Incident Sparks Controversy, German Government Sells BTC, SEC Concludes ETH 2.0 Investigation, etc
WuBlockchain Weekly: Certik's Resolution of…
WuBlockchain Weekly: Certik's Resolution of Kraken Vulnerability Incident Sparks Controversy, German Government Sells BTC, SEC Concludes ETH 2.0 Investigation, etc
1. Fed Official: Rate Cuts Possible by Year-End link Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, stated that the prediction by Bank of America that the Federal Reserve will cut interest rates once this year, but not until December, is a reasonable forecast. He mentioned that the Fed is currently in a favorable position to gradually gather more inflation data, economic data, and labor market data before making any decisions. However, if there is to be just one rate cut, as the median forecast suggests, it is likely to occur at the end of the year.