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15:58
Washio: Specific Balance Sheet Size Yet to Be Determined
BlockBeats News, April 21: Federal Reserve Chair nominee Powell stated that the specific number for the balance sheet size has not been determined yet. (FXStreet)
15:58
Ramp now supports USDT on Solana, Plasma, and Ethereum, and launches 1:1 zero-fee deposits and withdrawals.
Foresight News reported that Alex, the Head of Stablecoins at the payment infrastructure platform Ramp, stated on Twitter that Ramp now supports the use of USDT on the Solana, Plasma, and Ethereum networks. In addition, Ramp has added a 1:1 USD to USDT deposit and withdrawal channel across its entire product lineup, with zero fees for both directions of exchange.
15:56
Federal Reserve Chair nominee Waller: If we maintain a smaller balance sheet, interest rates can remain lower
If the Federal Reserve implements a series of policy reforms, inflation can be lower and the economy can be stronger. The Federal Reserve is not without responsibility for the divide between asset holders and non-asset holders. A smaller balance sheet would mean lower interest rates, better-controlled inflation, and a stronger economy. Beyond monetary policy, the Federal Reserve should cooperate with the government. This is very likely to happen in the future. The economy still has room for further improvement. It is necessary to take advantage of this window to review reforms so that the Federal Reserve is prepared to respond to new shocks.
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