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Powell: Won't Comment on Gold or Bitcoin Price, Believes Inflation Is Driven by Fundamental Supply and Demand Factors

Powell: Won’t Comment on Gold or Bitcoin Price, Believes Inflation Is Driven by Fundamental Supply and Demand Factors

BlockBeats News, October 15th, Federal Reserve Chairman Powell stated that he would not comment on the price of gold or Bitcoin, and believes that inflation is driven by fundamental supply and demand factors.

It is still too early to determine the impact of artificial intelligence on productivity.

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