“The financial stability tools helped to calm conditions in the banking sector,” said Powell. “Developments there, on the other hand, are contributing to tighter credit conditions and are likely to weigh on economic growth, hiring and inflation,” he continued. “As a result, our policy rate may not need to rise as much as it would have otherwise to achieve our goals.”
New York invoice proposes legalizing Bitcoin, crypto for state funds
A New York lawmaker has launched laws that will enable state businesses to just accept cryptocurrency funds, signaling rising political...
