Ray Dalio has issued a stark warning that the Federal Reserve’s resolution to halt quantitative tightening marks the start of a harmful cycle of “stimulating right into a bubble” quite than responding to financial weak spot. The billionaire investor and Bridgewater Associates founder argues that the Fed’s shift from steadiness sheet discount to growth represents…
US Fed Vice Chair for Supervision Michelle Bowman has recommended permitting central financial institution workers to personal small quantities of crypto. Talking at a blockchain event in Wyoming on Tuesday, she mentioned that direct crypto publicity would assist regulators higher perceive the underlying expertise. “Our method ought to take into account permitting Fed workers to…
Federal Reserve Governor Michelle Bowman has publicly called for the US central bank to implement multiple interest rate cuts before 2025 ends. Michelle’s statement comes amid a monetary policy stalemate between US President Donald Trump and Fed Chairman Jerome Powell. Rate Cuts Will Reduce Labor Market Erosion – Bowman In the past few months, the…