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Ajay Kashyap_
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Another earthquake has hit Pakistan ๐ต๐ฐ
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So basically FOMC minutes summed up in 1 line: "The only thing we are certain about is that we are more uncertain about economic outlooks." ๐ซ
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๐บ๐ธ FOMC MINUTES: - Swings in net exports is affected - Recent data suggest that economic activity has continued to expand at a solid pace - Unemployment rate has stabilized at a low level in recent months - Labor market conditions remain solid - Inflation remains somewhat elevated
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๐บ๐ธFed says there is a 98% chance no cuts in June. Powell said cuts will happen, but later this year, not now. #FOMC
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๐บ๐ธSenator Lummis claims the US needs to have โat least 5% of the worldโs Bitcoin in reserve.โ
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This friday #FTX will be distributing $5B of stablecoins to creditors.
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