Inflation Alert! Fed Governor Philip N. Jefferson: “if you are willing to widen your lens to include a more commonplace definition, then it is possible to conclude that current monetary policy is, in fact, “on track.”” “The bad news is that there has been little progress on core inflation.”

by Dismal-Jellyfish https://www.federalreserve.gov/newsevents/speech/jefferson20230512a.htm On the Assessment of Current Monetary Policy Governor Philip N. Jefferson At the “How to Get Back on Track: A Policy Conference,” Hoover Institution, Stanford, California Highlights: “Current inflation is still high.” “Personal consumption expenditures (PCE) inflation, …

READ MORE

Progress of Bitcoin in Pennsylvania

Bitcoin, the first and most well-known cryptocurrency, has been gaining popularity in Pennsylvania. In February of this year, the Pennsylvania Department of Banking and Securities issued a consumer alert about Bitcoin. The department warned consumers about the risks associated with …

READ MORE

Progress of Bitcoin in Rhode Island

Bitcoin has made significant progress in Rhode Island. The state has seen a surge in Bitcoin-related businesses and initiatives in recent years. This is due to the fact that Bitcoin is seen as a viable alternative to traditional fiat currencies. …

READ MORE

Market loves the “big progress” tweet. Meanwhile, copper is in retreat and China’s PMI just hit a contractionary three-year low print of 49.4 in Dec as growth weakens to a 28-year low.

Market loves the "big progress" tweet. Meanwhile, copper is in retreat and China's PMI just hit a contractionary three-year low print of 49.4 in Dec as growth weakens to a 28-year low. — David Rosenberg (@EconguyRosie) December 31, 2018 https://twitter.com/MacroTechnicals/status/1079719892302159873 …

READ MORE

Ron Paul: Economic Progress Under Trump is Illusion, Crash Coming – 200% Proof They Will Start WW3 Dollar Collapse & Martial Law – 30 Things You Should Do To Prepare For The Imminent Economic Collapse

by AMY S.  With his first year in office drawing to a close, the US president has been talking up his economic record in typical Trump style. But one man who does not share Trump’s optimism is former congressman Ron Paul. …

READ MORE