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The Commodity Futures Trading Commission is moving to clarify whether prediction market contracts are financial products or gambling, sending two new rules to the White House for review. The agency submitted both rules Monday, according to White House regulatory filings. One would treat event contracts as swaps, puttin
Another Federal Reserve rate hike is hard to justify, Truflation Head of Data Oliver Rust told Wednesday, arguing underlying inflation is cooling despite pressure from energy and tariffs. "We don’t understand how you can justify an increase of another Fed hike," Rust said. He said Truflation’s data has been showing und