Warsh, Federal Reserve and inflation
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The US Senate passed the 21st Century ROAD to Housing Act, banning a Federal Reserve CBDC through 2030 in an 85-5 vote.
Bank of America CEO Brian Moynihan says a recession is not coming despite his firm predicting three Federal Reserve rate hikes and inflation through 2028. The Supreme Court ruled on President Donald Trump's bid to fire Fed Governor Lisa Cook,
