Powell: Economy Progresses but Inflation Still ‘Too High’ to Adjust Benchmark Rate

Powell: Economy Progresses but Inflation Still 'Too High' to Adjust Benchmark RateOn Wednesday, March 20, 2024, the Federal Open Market Committee (FOMC) declared that there will be no change to the federal funds rate for the time being. The committee emphasized its intention not to lower the target rate until there is “greater confidence that inflation is moving sustainably” toward the 2% target. Fed Pauses Rate […]

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South Korean Prime Minister Imposes Crypto Code of Conduct on Government Officials

South Korean Prime Minister Imposes Crypto Code of Conduct on Government OfficialsThe South Korean prime minister has ordered a new code of conduct to be prepared and implemented specifically to address the actions of government employees regarding cryptocurrency regulations. This follows the recent case of possible insider trading which is being investigated. Also read: Cryptocurrency Activities Will Be Legal and Tax Free in Belarus Starting in March […]

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