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The Powell Trump meeting at the Federal Reserve headquarters on Thursday actually turned quite confrontational, and it was something that caught attention right across financial markets. President Trump was pressing Jerome Powell for rate cuts while also criticizing renovation costs that have been mounting up. Trump won’t fire Jerome Powell, the president confirmed after their heated exchange, though the meeting really highlighted the same serious tensions over monetary policy decisions. The Powell Trump meeting occurred just days before the Fed’s policy meeting where rates are expected to remain unchanged, even despite Trump’s ongoing demands. Also Read: Trump Epstein Files Fallout: Could DJT and Rumble Stocks Tumble? Powell Trump White House Meeting On Rate Cuts And Economy Source: AP News Heated Construction Cost Dispute Disagreements over the Fed’s renovation project costs dominated the Powell Trump tense visit, and witnesses found it pretty uncomfortable to ...

Nigeria's federal executive council has approved the national policy on blockchain to help the country develop a regulatory framework to govern the adoption of the technology. Nigeria, known to be one of the world’s most curious nations about Cryptocurrencies like Bitcoin (BTC), has approved the National Blockchain Policy for Nigeria during its meeting on May 3, 2023. The approval was in response to a memo presented by Professor Isa Ali Ibrahim (Pantami), the Honourable Minister of Communications and Digital Economy.  The Federal Ministry of Communications and Digital Economy (FMCDE), in the announcement, cited a report from PricewaterhouseCoopers (PwC), which predicts that the widespread adoption of blockchain technology across various industries could potentially contribute $1.76 trillion to the global gross domestic product by 2030, representing 1.4% of the world's GDP. The National Blockchain Policy for Nigeria was developed by the FMCDE through stakeholder consultations...