News list for " serve"
Hassett: Trump wants the Federal Reserve chairperson to make an independent judgment, and Trump is seeking a data-dependent candidate among the Fed chair candidates.
New York Fed President William Williams said some of the latest data were encouraging and showed more signs of slowing inflation. He also pointed out that the consumer price index (CPI) data is somewhat distorted and may be slightly depressed, and more data is needed to make an accurate judgment on the inflation situation.
Federal Reserve Governor Waller: Will emphasize to US President Trump the importance of the independence of the Federal Reserve. The Federal Reserve remains accountable to the American public.
The retiring Atlanta Fed President Bostic said in an article on Wednesday that the Federal Reserve should continue to focus on addressing inflation, with high price pressures expected to continue through most of next year. Bostic also revealed that at the Fed's December policy meeting, he not only favored keeping interest rates unchanged, but also recommended that they be maintained throughout 2026, citing the possibility that economic tailwinds will continue to weigh on inflation.
The Federal Reserve's Bostic: In the 2026 forecast (dot plot), no interest rate cuts are included, arguing that the economy will perform more strongly at about 2.5% GDP growth, so policy needs to remain restrictive.
According to CNBC: White House National Economic Council Director Hassett's candidacy for Federal Reserve chair has encountered some opposition in circles close to Trump. Some people are concerned that Hassett is too close to the president.
According to Financefeeds, the Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar has made it clear that India will not adopt the US "GENIUS Act" or other G7 countries' stablecoin regulatory frameworks. The RBI believes that dollar-pegged stablecoins pose a fundamental threat to India's monetary sovereignty, which could lead to "dollarization" and reduce the effectiveness of the country's monetary policy. The Reserve Bank of India has stressed that the country already has efficient digit...
The deputy governor of the Reserve Bank of India said in public remarks that stablecoins could exacerbate the risk of local currency dollarisation, weaken emerging economies' ability to regulate capital flows and pose a threat to monetary policy independence. In addition, their circulation could push up the cost of credit, triggering a currency substitution effect. Foreign stablecoins could lead to the loss of seigniorage revenue in many countries.
Adam Button, an analyst at the financial website Investinglive, said the Fed's announcement of the reappointment of 11 regional Fed chairpeople was only a formality, but the Federal Reserve Board of Governors did have a say in the appointment of regional Fed chairpeople. In any case, all regional Fed chairpeople were unanimously approved for five-year terms. If Trump can control the Federal Reserve Board of Governors, which in turn could further influence the appointment of regional Fed governor...
On December 11, Reserve Rights (RSR) released a token structure reform proposal (RFC-1269), which includes burning approximately 30 billion RSR tokens to reduce the total supply, and introducing a governance-based veRSR issuance mechanism to enhance shareholder participation and governance weight.
