Senate Republicans are in a deadlock with Democrats after pressure tactics to end the 38-day government shutdown failed to break the impasse. Senate Republicans are batting around various ideas to break the stalemate, such as voting on a new Senate-drafted bill that would fund a large swath of the federal government through fiscal year 2026….
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Fed’s Miran says stablecoin surge could help push interest rates lower
The post Fed’s Miran says stablecoin surge could help push interest rates lower appeared com. Fed Governor Stephen Miran on Friday suggested that surging demand for dollar-denominated stablecoins could help push U. S. interest rates lower. In a speech delivered for an audience of economists in New York, the central bank official and appointee of President Donald Trump said the flood of crypto tokens pegged to the dollar could tamp down what economists refer to as “r-star,” or the “neutral” rate of interest that neither pushes nor impedes growth. If that happens, he said, the Fed might need to lower its own policy rate to avoid unintentionally slowing the economy. “Stablecoins may become a multitrillion-dollar elephant in the room for central bankers,” Miran said. “Stablecoins are already increasing demand for U. S. Treasury bills and other dollar-denominated liquid assets by purchasers outside the United States, and this demand will continue growing.” Citing prior research, Miran said stablecoin growth could push the Fed’s benchmark rate down by 0. 4 percentage point. During his short time on the Fed board, Miran has advocated aggressive rate cuts, in part because he thinks the neutral rate is considerably lower than most of his colleagues assume. His latest remarks extend that argument into the world of digital finance, suggesting that the rise of stablecoins could structurally lower borrowing costs for years to come. Previously, his arguments have been focused largely on moderating inflation and the importance of the Fed not impeding economic growth with higher rates. The stablecoin dissertation adds another wrinkle to the case for easier policy. “Even relatively conservative estimates of stablecoin growth imply an increase in the net supply of loanable funds in the economy that pushes down” the neutral rate, he said. If neutral is lower, he added, “policy rates should also be lower than they would otherwise be to support a healthy economy. A failure of the central.
Steelers’ Jalen Ramsey Speaks out on Position Change to Safety
Pittsburgh Steelers defensive back Jalen Ramsey shared what it’s been like switching primarily to safety in the middle of the 2025 NFL season. The post Steelers’ Jalen Ramsey Speaks out on Position Change to Safety appeared first on Heavy Sports.
Pi Network price eyes rebound as top whale resumes buying
Pi Network price remains in a tight range as the recent rally faded. Still, the token could be on the verge of a rebound after forming a bullish pattern, and as a top whale restarts purchases. Pi Coin (PI) token.
The quiet collapse of America’s reproductive health safety net
The quiet collapse of America’s reproductive health safety net
Bianca Belair spotted outside WWE amid injury hiatus
Bianca Belair has been on an injury hiatus from WWE, and it’s been over six months since she last wrestled for the company. Meanwhile, she was recently spotted amid her hiatus.
How strong is netherite horse armor in Minecraft?
Minecraft Mounts of Mayhem game drop is a special update for fans who love using mounts. The Winter 2025 game drop is set to introduce new mounts like the nautilus, zombie nautilus, and camel husk.
Despite sluggish Week 10 game, Bo Nix is tied for most total TDs with 21
Despite sluggish Week 10 game, Bo Nix is tied for most total TDs with 21
Cathie Wood ‘Very Bullish’ on Bitcoin as Crypto Stablecoins Hit $300 Billion
The post Cathie Wood ‘Very Bullish’ on Bitcoin as Crypto Stablecoins Hit $300 Billion appeared com. ARK Invest’s founder and CEO, Cathie Wood, reiterated her long-term optimism for Bitcoin in the November edition of In the Know podcast. Despite recent market fluctuations, she confirmed that her $1 million price projection for Bitcoin remains unchanged. Wood pointed to the rapid expansion of stablecoins, whose combined value has now exceeded $300 billion, as evidence of a major evolution within the digital asset sector. She explained that while the rise of stablecoins could moderate Bitcoin’s short-term performance, their success reinforces the overall credibility and maturity of the crypto ecosystem. Bitcoin vs. Gold: $1 million prediction Comparing Bitcoin’s trajectory to that of gold, Wood remarked that the precious metal’s market value has roughly doubled in recent years. She suggested that Bitcoin has the potential to match or even surpass half of gold’s market capitalization, which supports ARK Invest’s continued positive stance. Wood also acknowledged that current liquidity pressures are weighing on the digital asset market but anticipates conditions to improve around mid-December, following updates from the Federal Reserve and new U. S. employment figures. She concluded that Bitcoin’s status as “digital gold” is strengthening amid growing institutional involvement and a stabilizing macroeconomic environment, which she believes will lay the groundwork for another phase of growth heading into 2026. Earlier, Wood reaffirmed her optimistic outlook on Bitcoin, predicting a base price of $650,000 by 2030, with the possibility of reaching as high as $1. 5 million under more favorable circumstances. Wood, a prominent advocate for Bitcoin who began investing in the cryptocurrency in 2015, attributes her confidence to two primary factors driving its growth. You Might Also Like This past week, BTC fell below the $100, 000 mark for the first time since June 22. Bitcoin’s price action has now begun to show early indications of stability. With renewed spot demand close to the.
Moutai Singapore Open 2025 Round 4 tee times & pairings explored
On Saturday, November 8, Jeunghun Wang and James Piot carded 5-under 67 at the Moutai Singapore Open 2025 to join Soomin Lee for the 54-hole lead.