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Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central bank on hold for an extended period. Speaking to the annual general meeting of the Foreign Bankers’ Association in Amsterdam, the central bank leader noted that the rapid disinflation that happened in 2023 has slowed ...
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El Salvador now owns 5,750 Bitcoin, worth about $353 million at today’s prices, according to the government. The National Bitcoin Office this week launched a tracking website for the treasury’s holdings of the coins, in partnership with mempool.space, an organization that publishes Bitcoin transaction data. El Salvador was the first country in the world to ...