kash

According to GlobeNewswire, the social-native prediction market platform Kash announced the completion of a $2 million Pre-Seed funding round, with participation from Big Brain Holdings, Spartan Group, Coinbase Ventures, Kosmos Ventures, Halo Capital, MoonRock Capital, Polaris Fund, and Fabric VC.The new funding will support its development of financial tools embedded in social media platforms like X, enabling users to make prediction trades directly from their feeds and create prediction events. A simulated testnet has already been launched on the X platform.

According to a report by the Daily News on Tuesday citing sources, Japanese Prime Minister Sanae Takaichi expressed concerns about further interest rate hikes during a meeting with Bank of Japan Governor Kazuo Ueda last week. If the report is true, Takaichi's recent refusal to raise rates again may complicate the Bank of Japan's planning, as coordination with the newly appointed government would become more challenging.As a result of this report, the yen weakened against both the dollar and the euro. Ueda stated that last Monday's meeting primarily involved a general exchange on the economic and financial situation, and noted that the Prime Minister did not make any specific monetary policy requests. Takaichi herself refrained from discussing the specific details of their meeting, only expressing her hope that the central bank would work closely with the government to achieve its 2% inflation target, accompanied by wage growth.As the meeting took place, market participants speculated that rising living costs due to the weak yen and other factors could prompt the Bank of Japan to raise interest rates in March or April.

According to Jinshi, Federal Reserve's Kashkari stated that investments in artificial intelligence are likely to push up the neutral interest rate.

According to Jinshi, Federal Reserve official Kashkari stated that the current monetary policy is close to a neutral level.

According to Jinshi reports, ECB Governing Council member Nagel stated that the European Central Bank will take appropriate action when medium-term inflation expectations persistently and significantly deviate from 2%.

The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, stated in a recent live event that the U.S. economy will continue to grow well, and inflation will keep declining, but the specific numbers by the end of the year remain unclear.He specifically pointed out that artificial intelligence technology has practical value, but most companies are still in the testing phase; regarding cryptocurrencies, he unhesitatingly called them "basically useless" for the average consumer. Kashkari also emphasized that the current Federal Reserve policy is not quantitative easing, that the lack of housing supply is the biggest obstacle in the real estate market, and reiterated the importance of the Federal Reserve's independent decision-making.

According to Jinshi reports, Federal Reserve official Kashkari stated that there is a tension between the Federal Reserve's responsibilities and its inflation targets.

According to Jinshi reports, Federal Reserve's Kashkari stated that he is quite optimistic about the economic outlook, expecting robust economic growth, and does not believe there is a need for the Federal Reserve to implement quantitative easing.

According to Jinshi, Federal Reserve official Kashkari stated that the current expansion of the Federal Reserve's balance sheet is not a quantitative easing policy.

According to Jinshi reports, Federal Reserve official Kashkari stated that he does not expect inflation to surge again.

According to Jinshi, Federal Reserve official Kashkari stated that a 2% inflation rate remains the Federal Reserve's target, and the Federal Reserve is still committed to achieving this level.

According to Jin Ten, Federal Reserve official Kashkari stated that he has some doubts about the actual tightening of monetary policy.

According to Jinshi, Federal Reserve official Kashkari stated that the current degree of economic slowdown is not as severe as the market expected.

According to Jinshi, Federal Reserve official Kashkari stated that the current economic situation is confusing, and the job market is showing signs of weakness.

According to Jinshi, Federal Reserve official Kashkari stated that he does not believe there is momentum for a rate cut in January.

According to Jinshi, Federal Reserve official Kashkari believes that President Trump's actions regarding the Federal Reserve "concern monetary policy." Kashkari stated that Federal Reserve Chairman Powell "accurately" explained this matter.

According to Jinshi Data, Federal Reserve's Kashkari stated: Artificial intelligence does have practical application scenarios, but the cryptocurrency field does not.

According to Jinshi reports, Belarusian President Lukashenko supports cryptocurrency mining in Belarus, believing that cryptocurrency could become an alternative to the US dollar.

According to Jinshi reports, Minneapolis Fed President Kashkari stated that he does not support the Fed's last rate cut decision, but remains cautious about the best course of action for the December meeting. He pointed out that the fundamental resilience of economic activity is stronger than expected and believes the Fed should pause rate cuts at the October meeting. Regarding the upcoming December rate decision, he mentioned that he could provide reasons for either a rate cut or keeping it unchanged based on the data.

According to Jinshi reports, Federal Reserve official Kashkari stated that economic resilience suggests a pause in interest rate cuts in October. Data shows that the economic situation has remained stable since the October meeting. He does not have a strong inclination towards a rate cut in December.