🚨 According to Bloomberg's news, Turkey plans to collect a transaction tax of 3 per ten thousand from crypto transactions and income tax on the profits made from trades.
Politico: You've said the Fed could cut interest rates more quickly if the employment situation worsens. So, do you think the unemployment rate will increase?
FED: We will compare the employment situation with our forecasts. This is an issue we are very concerned about and we will not wait until it is too late to act. We balance the risk of inflation rising again with the risk of unemployment rising.
Financial Times: How good does today's CPI inflation rate make the Fed feel, and what still worries the Fed?
FED: Today's CPI rate is very good. What we are still concerned about is that rents are still high. There was a big delay a few years ago because rental prices were rising rapidly. Now rent growth has slowed, but not everyone is signing new contracts, so the data will be delayed. When this happens, we will feel safer.
CBS News: What does the Fed want to say to the American people? Economic indicators are good, but looking around, they don't look very optimistic.
FED: We do not interfere with people's emotions. They have their own feelings and it's none of the Fed's business. We share how we feel when we see economic indicators such as inflation rate and unemployment rate.
We continue to believe that we are on the right track. I know that high interest rates negatively affect their lives, but what's worse is that we do nothing and let inflation rise.
CBS News: You keep saying you don't know the future, I get it, but millions of people can't borrow money to buy a house because of high interest rates. What would you like to tell them? Give them some hope for when interest rates will drop.
FED: We do not have a specific time frame, we need to trust that inflation will decrease in the long term. When inflation stabilized, people's lives also stabilized and we were in that period for a long time, we will bring people back to that period.