News list for " Egan"
According to the New York Times, the IRS will begin laying off about 6,000 employees on Thursday.
The US and Russia have started talks to end the conflict with Ukraine, adding another bearish geopolitical factor to oil prices this year. Click to view...
The Fed may not have as much room to cut interest rates as it thought, and central banks would be well advised not to cut rates again in December, Bill Egan, an asset management bond specialist at JPMorgan Chase, warned markets ahead of the Fed's next meeting. That's because there are some signs that the U.S. economy is starting to heat up again, he added, including strong GDP growth, slightly better-than-expected inflation data last month, and record stock prices. Wage, services, and housing in...
Federal Reserve Chairperson Jerome Powell said on Wednesday that the US economy is stronger than it was when the central bank began cutting interest rates in September last year, making policymakers likely to be more cautious about further rate cuts. "We can be more cautious as we try to find a neutral position," Mr. Powell said. Mr. Powell's comments on Wednesday appeared to be in line with more cautious policymakers and largely echoed earlier views that the Fed could consider rate cuts "carefu...
Analyst Megan Leonhardt: A month of data is unlikely to change the Fed's interest rate outlook, especially given the weakness in the labor market. With inflation fading, the Fed has cut interest rates twice to ensure the job market remains strong.
Brantly Millegan, a former member of the ENS core team, has launched the Ethereum Follow Protocol (EFP) on the Ethereum mainnet. It is reported that unlike protocols such as Lens, EFP does not provide a publishing function or its own profile system, but simply acts as a social graph layer used in other applications.
On September 25th, Brantly Millegan, the former director of operations of ENS, announced on X that the Ethereum Follow Protocol (EFP) has been launched on the mainnet. EFP is a decentralized on-chain social graph protocol for Ethereum accounts. As a new primitive for the Ethereum identity stack, it complements other elements such as ENS and SIWE to enhance any crypto application.
