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  • 18:09
    Federal Reserve Governor Milan: Stablecoins could impact 30%-60% of savings
    ChainCatcher news, according to Golden Ten Data, Federal Reserve Governor Milan stated that independent estimates of stablecoin growth indicate that the impact of stablecoins could reach 30%-60% of the savings during the period from 2000 to 2010.
  • 17:59
    Bostic: Current policies are restrictive for businesses, especially in the housing sector
    ChainCatcher News, according to Golden Ten Data, Federal Reserve's Bostic stated that businesses are telling the Fed that the current policy is restrictive, especially in housing and other interest rate-sensitive industries.
  • 17:53
    Bostic: The Federal Reserve should keep interest rates unchanged, as inflation risks are greater
    According to Golden Ten Data, Federal Reserve's Bostic stated on Wednesday that he prefers to keep interest rates unchanged until there is "clear evidence" that inflation is returning to the 2% target level. He pointed out that the current, more explicit and urgent risk remains price stability. Bostic noted that signals from the labor market are ambiguous and difficult to interpret, and are insufficient to support an aggressive monetary policy response in the face of persistent inflationary pressures. As his retirement approaches, he will no longer participate in voting on U.S. interest rate policy.
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