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Peter Schiff, a well-known critic of Bitcoin, has strongly opposed the idea of the United States creating a Bitcoin reserve, a proposal gaining traction with the potential re-election of former President Donald Trump.
The world’s governments are facing an urgent financial challenge, with massive debt coming due in the coming years.
Federal Reserve Chairman Jerome Powell’s recent comments indicate a potential clash with President-elect Donald Trump.
On November 8, China unveiled a major stimulus plan, allowing local governments to issue an additional $827.7 billion in bonds over the next three years to address rising “hidden debt.”
The Federal Reserve has decided to lower its key policy rate by a quarter percentage point following its latest policy meeting.
As Donald Trump is projected to win the U.S. presidency, financial markets are bracing for significant shifts.
The Federal Reserve is widely expected to lower interest rates this Thursday, marking its second rate reduction in just a few months.