Mon, Feb 26, 2024 12:31 PM
Intellivate Cap Consolidated December 2023 Net Sales at Rs 38.08 crore
A Flip by Shubhangi Gupta
Federal Reserve Chair Jerome Powell on Thursday declined to say whether he would remain at the U.S. central bank as a board member after his term as chief expires in May 2026. Powell, asked at an event in Dallas whether he would consider being the first Fed chair in more than 7 decades to remain on the Fed board after no longer serving as its leader, said only that he is committed to his chair.
Open Flip
BlackRock expands its tokenized U.S. Treasury product, BUIDL, across multiple blockchains, attracting over $520 million in deposits in 40 days, and its Spot Bitcoin ETF (IBIT) surges to $40 billion in assets within 212 days, amidst rising crypto market excitement fueled by inflation data and Trump's pro-crypto stance.
Open Flip
Donald Trump's presidency is likely to strengthen the US dollar, which could suppress global trade and complicate inflation abroad, a think tank researcher says, warning that a stronger dollar could unleash chaos in global markets. Without much scope for a negotiated decline in the dollar, more chaotic alternatives seem likely.
Open Flip
