The feds should be working with citizen oversight committees before making any decision and be forced to also consider wage growth and wealth distribution alongside inflation and employment rates. They're 12 people (mostly bankers) deciding for a huge Country.
NY Fed finds mostly stable inflation expectations in January
Federico Faggin invented the microprocessor and Intel."Intel tried to erase his name from the history of the microprocessor... and boycotted any recognition to him. Only after many interventions by Faggin and his wife did Intel give limited acknowledgment." — Historical record from the Intel 4004 project archive. It took decades of fierce pushback from historians, tech journalists, and Faggin himself to correct the record. Today, he is widely recognized globally—and was even awarded the National Medal of Technology by the US government—as the true father of the microprocessor..
Intel Extends Rally to 9%. Trump Says Apple to Partner with Intel on US Chip Design, Production
what a smart move from Musk to disrupt OpenAI's plans, delaying its restructuring and valuation growth, while giving his competing AI venture, xAI, more time to catch up.