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Kevin Warsh sworn in today as new Federal Reserve Chairman — with NO gold-fringed flags.
Unlike Jerome Powell’s swearing-in, which featured both the gold-fringed American flag and the Federal Reserve flag with gold fringe, Warsh’s ceremony had neither.
This is one of the first clear public signs of America's shift away from British Admiralty (maritime) law's financial system. It follows the King’s visit in late April, who acted as a witness to the lawful closing of the old system on American soil.
America’s money system is in the process of being returned to proper land jurisdiction and the sovereign authority of the American people.
BREAKING: More than 30 people have been killed after Israeli troops opened fire towards crowds of Palestinians waiting for aid, according to witnesses and hospital officials https://t.co/LLv1Bo1F6S
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Despite "stickier" inflation, the Fed is still expecting that they will cut rates in 2025.
The current EFFR is now 4.33%.
The dot plot suggests an EFFR of +3.9% at the end of 2025.
So that's basically 2 cuts, on net.
So that could be 4 cuts & 2 hikes, or just 2 cuts & pause.
The new king of #stablecoins? 👑
#USDC exceedes #Tether in terms of daily on-chain transactions on Ethereum.
See @Santiag78758327´s opinion on USDC here 👇
https://t.co/hTL3gaC6Mk
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