Federal Reserve Governor Waller: If the labor market deteriorates, it may consider another 50 basis points rate cut.
Federal Reserve Harker: I don't think there is a significant risk of a deterioration in the labor force. In our opinion, the unemployment rate will not exceed 5%.
According to Bloomberg, as the migrant crisis worsens, Venezuelan cryptocurrency transfers have skyrocketed, with migrants sending 5 billion dollars in remittances in 2023, 9% of which are cryptocurrencies.