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  • 📰 POWELL: WHEN BANKS TAKE CRTYPO ACTIVITIES ON THEIR OWN, IT’S APPOPRIATE TO MAKE SURE WE UNDERSTAND RISKS
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📰 POWELL: WHEN BANKS TAKE CRTYPO ACTIVITIES ON THEIR OWN, IT’S APPOPRIATE TO MAKE SURE WE UNDERSTAND RISKS

February 12, 2025
Frank

POWELL: WHEN BANKS TAKE CRTYPO ACTIVITIES ON THEIR OWN, IT’S APPOPRIATE TO MAKE SURE WE UNDERSTAND RISKS

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📰 ZELENSKIY SAYS US PRESENTED UKRAINE WITH A FIRST DRAFT OF NATURAL RESOURCES AGREEMENT TODAY ZELENSKIY SAYS UKRAINE NOW STUDYING DRAFT AGREEMENT, HOPES TO REACH A DEAL AT MUNICH CONFERENCE
📰 FED SEEN AS INCREASINGLY UNLIKELY TO CUT THIS YEAR Markets are mostly pricing one interest rate cut, or none at all, this year in the U.S. after January CPI moved further away from the Fed’s 2% target, at 3%. Capital Economics’ Paul Ashworth thinks a cut this year looks increasingly unlikely. “With tariffs likely to keep core PCE inflation close to, or above, 3% this year now, the Fed will stand pat for at least the next 12 months,” he writes. Treasury yields jumped on the inflation data and are holding on to their gains, with the 10-year at 4.651%, on path for its highest close since mid-January.

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