News with the tag "Neel Kashkari"

Minneapolis Federal Reserve President Neel Kashkari, who previously called the cryptocurrency industry "worthless" and "nonsense," still isn't an uber-bull, though.

Neel Kashkari sparked outrage in the community after claiming that crypto is primarily used for illegal activities, such as buying drugs. The post Fed’s Neel Kashkari Faces Backlash Over Misguided Crypto Comments appeared first on TheCoinrise.com .

Minneapolis Federal Reserve President Neel Kashkari said crypto is “almost never” used outside of drugs and criminal activity — but evidence points to the contrary.

Minneapolis Federal Reserve President Neel Kashkari addressed Bank of America’s prediction for a potential Fed interest rate cut this year in an interview with CBS News on Sunday. Bank of America predicts that the Fed will cut rates once this year, likely in December. “I think that’s a reasonable pr...

Minneapolis Federal Reserve President Neel Kashkari indicated a potential Fed interest rate cut in December.

The President of the Federal Reserve Bank of Minneapolis reportedly says that Bitcoin (BTC) has no legitimate use case and that it may be putting investors into “harm’s way.” Neel Kashkari, the bank’s President and CEO says that BTC is more of a consumer safety risk than a financial stability risk. ...

The President of the Federal Reserve Bank of Minneapolis reportedly says that Bitcoin (BTC) has no legitimate use case and that it may be putting investors into “harm’s way.” According to a new report by Seeking Alpha, Neel Kashkari, the bank’s President and CEO, says that BTC is more of a consumer ...

The president and CEO of the Federal Reserve Bank of Minneapolis, Neel Kashkari, has expressed concern about consumer risk due to “fraud, hype, and confusion” surrounding bitcoin. Moreover, he said the cryptocurrency has been around for more than a decade but “there’s still no legitimate use case in...