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post: Fed’s Bostic: Job Growth Has Been Robust, Gives Me Comfort at Staying at More Restrictive Level post: FED'S BOSTIC: WE ARE NOT IN DANGER OF FALLING INTO A MORE CONTRACTIONARY ENVIRONMENT. post: FED'S BOSTIC: WE MAY NEED TO BE MORE PATIENT TO AVOID HEATING THE ECONOMY. post: Fed’s Bostic: There’s Still Considerable Upward Pressure on Prices, Not Past the ‘Worry Point’
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The U.S. House of Representatives has voted against the Fed putting dollars on a blockchain (or something similar). Why it matters: Central bank digital currencies, known as CBDCs, are a growing trend around the rest of the world, but the U.S. has dragged its feet. • If House Majority Whip Tom Emmer (R-Minn.) has his way, explorations of CBDCs in Washington ...