Economic Growth
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Federal Reserve 2022 Audited Financial Report: Remittances to Ministry of Finance Predicted to Reach Billions
It is reported that the Federal Reserve issued its audited financial report for 2022. The financial report shows that remittances to the Ministry of Finance will reach $76 billion
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Understanding Federal Reserve Chairman Powell’s Statement on Credit Crunch and Interest Rates
According to reports, Federal Reserve Chairman Powell said, \”We are trying to assess some recent events. The credit crunch may mean that work on interest rate policy can be reduced
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Federal Reserve’s Interest Rate Decision Affects the US Dollar Index
According to reports, after the announcement of the Federal Reserve\’s interest rate decision, the US dollar index fell, with the latest decline of 0.504% to 102.630; The euro rose
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Table of Contents
According to reports, the Federal Reserve\’s dot matrix predicts that the federal funds rate will be 5.1% by the end of 2023, compared to 5.1% in December; The federal funds rate is
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The Importance of Cryptocurrency Mining for US Energy Goals and Economy
According to reports, the United States House of Representatives submitted a \”H.Res.238\” resolution to the Energy and Commerce Committee, the Foreign Affairs Committee, the Financi
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Decline in US Bank Deposits and Its Impact on the Economy
According to reports, in the week before the collapse of three banks triggered global financial turmoil, deposits in the US banking industry had continued to decline. According to data released by the Federal Reserve on Friday, bank deposits decreased by $54.4 billion to $17.6 trillion in the week ended March 8. Deposits have fallen by about $500 billion from the peak set in April last year, exacerbating the pressure on the financial system. After the collapse of Silicon Valley banks and two other banks, the Federal Reserve’s weekly report on the funding situation of the US banking industry suddenly became a key data point for the market and economy. Some people worry that moving depositors’ deposits or seeking higher yield products may cause more banks to fall into trouble. Another worrying issue is that banks will tighten their lending standards while improving their financial situation, which will curb the momentum of economic growth. There have been signs of slowing credit…
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El Salvador’s Adoption of Bitcoin Spurs Economic Growth
According to reports, Bitcoin Magazine wrote on social media that the President of El Salvador said, \”We have seen the benefits of adopting Bitcoin. The touris…
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IMF’s Positive Indication on Bitcoin Usage in El Salvador
According to reports, the International Monetary Fund (IMF) said that the use of Bitcoin in El Salvador was \”likely to increase\”.
IMF: The use of Bitco…