[Federal Reserve's Logan Says Gradual Cooling of Labor Market Aligns with Inflation Reduction Goals]
Federal Reserve's Logan stated that the labor market is gradually cooling, which aligns with the goal of reducing inflation.
[Federal Reserve's Logan: No Signs of Inflation Falling to 2%]
Federal Reserve's Logan stated that there are currently no signs indicating inflation will fall to 2%, and he is not convinced of this. He believes that moderately tight policies are appropriate and emphasized the importance of maintaining focus on achieving the 2% inflation target.
The co-founder and executive chairman of Strategy stated that the company's demand for Bitcoin is "difficult to meet" and denied recent rumors of selling Bitcoin. (Decrypt)
[Federal Reserve Logan: Four Consecutive Years Missing the 2% Inflation Target]
Federal Reserve Logan stated that the Federal Reserve has failed to achieve the 2% inflation target for four consecutive years.
[Federal Reserve's Logan: No Signs of Core Services Inflation Approaching 2%]
Federal Reserve's Logan stated that there are no signs yet of core services inflation (excluding housing) moving toward the 2% target.
Square launches Bitcoin payments to 4 million US merchants through Lightning Network
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Square announced the launch of Bitcoin payment services to 4 million American merchants through the Lightning Network, providing instant settlement and waiving processing fees by 2027. (Cointelegraph)