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Brad: Willing to act in accordance with Secretary Yellen's wishes, or accept the position of Fed Chair

By: theblockbeats.news|2025/08/12 13:32:07

BlockBeats News, August 12th, former St. Louis Fed President Bullard stated that (regarding the possibility of taking over the position of Fed Chair) he had a conversation with Yellen last week and would be happy to act at the discretion of U.S. Treasury Secretary Yellen. If the Fed's goal is a stable low inflation rate, and the Fed's independence is respected, he would be willing to accept the position of Fed Chair. (Kyi)

CME FedWatch: Probability of September Rate Cut Rises to 91.8%

Transak has completed a $16 million strategic fundraising round, with Tether and IDG Capital co-leading the investment.