The US House of Representatives passed the State CBDC Anti-Surveillance Act, which prohibits the FED from issuing a digital currency. The bill obtained 216 votes in favor and 192 against.
The main objective of this law is to prevent the digital dollar from being used as a tool that violates civil…
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FED
Interest rates in America like a see-saw game
Interest rates remain low in some American countries, such as the United States, Chile and Colombia. While upward changes are seen in Colombia and Mexico.
The exchange market experiences a dynamic similar to the see-saw game, with…
The Fed could make three interest rate cuts in 2024
The Fed's cut projections for 2024 and 2025 could be affected by the current variations in inflation in the United States.
According to a group of economists surveyed by Bloomberg, “the recent spike in inflation is unlikely to change…
The Fed withdrew measures from a bank linked to FTX
The United States Federal Reserve Board announced that it has completed an enforcement action against Farmington State Bank, a financial institution linked to the defunct cryptocurrency exchange, FTX.
According to the statement issued on…
Bitcoin price reached USD 42,000
This Monday, the value of Bitcoin, the main digital currency on the market, reached USD 42,000. Investors expect the bullish trend to continue, despite expectations for the Fed's announcements next week.
Analysts consider that this is a…
US Federal Reserve maintains interest rates
The United States Federal Reserve decided this Wednesday to maintain interest rates in a range of 5.25 and 5.5 %, although it does not close the door to new increases.
The Federal Open Market Committee (FOMC) of the Fed issued a statement…
The Fed stated that controlling inflation “will take time”
The President of the United States Federal Reserve (Fed), Jerome Powell, warned of the risks to the economy in the event of falling short or exceeding interest rates, while warning that the path to returning inflation to the 2 % target will…
The FED forecasts a drop in US wage growth
In a recent report, the US Federal Reserve (FED) projected a slowdown in wage growth for the second half of the year, attributing it to rising labor costs. These costs, in large part, are the result of the Fed's decisions to increase…
The FED fines Deutsche Bank 186 million euros
The Federal Reserve of the United States (Fed) has fined the Deutsche Bank group, its division in New York and other subsidiaries in the country with 186.4 million dollars (166.7 million euros) after concluding that the German entity did…
Goldman Sachs under investigation by the Fed and the SEC for its role in the collapse of the Silicon…
Goldman Sachs is currently under investigation by the Federal Reserve (Fed) and the US Securities and Exchange Commission (SEC) due to its involvement in the last days of the ill-fated Silicon Valley Bank (SVB), which collapsed last March.…
US Federal Reserve admits surprise at Silicon Valley Bank collapse
The US Federal Reserve admitted its surprise at the sudden collapse of Silicon Valley Bank, which was under its watch.
Fed Chairman Jerome Powell told a news conference after the Federal Open Market Committee meeting that he immediately…
Elon Musk asks to lower interest rates by 50 basis points
The magnate and co-founder of Tesla, as well as owner of the social network Twitter, Elon Musk, believes that the United States Federal Reserve should undertake a drop of half a percentage point in the reference interest rate at its meeting…