Federal Reserve Chairman Jerome Powell says the U.S. central bank is looking at whether to issue a digital dollar with a “very broad scope.” He noted that the Fed is collaborating with Congress and th...
Tag: Jerome
Crypto Market Grows on Jerome Powell’s Speech, Here’s Who’s Rising Most in Price
Gamza Khanzadaev Cryptocurrency prices benefit from Powell’s speech, here’s who’s growing most The cryptocurrency market started today’s trading session positively. While at fi...
DeFi needs to be regulated ‘carefully and thoughtfully,’ says Fed chair Jerome Powell
U.S. Federal Reserve chair Jerome Powell urged lawmakers to be cautious when regulating decentralized finance (DeFi) while speaking at a roundtable conference organized by the central bank of France o...
Fed Chair Jerome Powell Details Views on Crypto, Stablecoins, DeFi and CBDCs, Says He Favors Responsible Innovation
The Chairman of the Federal Reserve says he favors responsible innovation in the world of crypto assets. In a new video speech given at an international crypto conference, Fed Chair Jerome Powell deta...
Stablecoin Reserves Must Be “Publicly Transparent”: Jerome Powell
Key Takeaways Federal Reserve Chair Jerome Powell has weighed in on stablecoin regulation. Speaking at the Opportunities and Challenges of the Tokenisation of Finance conference, Powell called for new...
Fed Chair Jerome Powell Says a ‘Difficult Correction’ Should Balance US Housing Market – Economics Bitcoin News
Following the Covid-19 pandemic, real estate investors did extremely well, despite the millions of Americans that were put out of work and faced evictions during the lockdowns in 2020. Stimulus put a ...
Jerome Powell just warned that the US housing market needs a ‘difficult correction’ so that folks can afford homes again — but here’s why it’ll look nothing like 2008
Jerome Powell just warned that the US housing market needs a ‘difficult correction’ so that folks can afford homes again — but here’s why it’ll look nothing like 2008 Real est...
Bitcoin Lost Further Following Jerome Powell Speech
Bitcoin took another hefty fall in late August. The world’s number one digital currency by market cap fell to just over $20,000 following the speech given by Jerome Powell of the Fed in which he talke...
Jerome Powell is prolonging our economic agony
Can we all agree that the Federal Reserve has a plan to combat runaway inflation? They do. Chair Jerome Powell has all but admitted it. After tempering his comments before previous rate hikes, allowin...
Watch Fed Chair Jerome Powell speak live in Q&A at the Cato Institute
[The stream is slated to start at 9:10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell speaks Thursday morning in a question-and...
Jerome Powell May Soon Bomb The Economy
Federal Reserve boss Jerome Powell sent stocks tumbling with a speech vowing an unrelenting fight against inflation by raising interest rates. He admitted that means slowing the economy and inflicting...
The stock market has tanked since Jerome Powell’s Jackson Hole speech. That’s how the Fed wants it
The stock market’s summer rally ended Friday as investors digested hawkish comments by Federal Reserve Chair Jerome Powell at the central bank’s annual symposium in Jackson Hole, Wyo. Powell made it c...
Jerome Powell Agonized on The Rising Inflation in the U.S.
The United States is experiencing red hot inflation and the authorities are doing every possible thing to make things back to normal. Fed Chair Jerome Powell spoke at The Jackson Economic Symposium ex...
Jerome Powell’s speech affects cryptocurrency, although not as much
The global markets have suffered a huge blow in 2022 due to a variety of reasons. Fear of war, inflation, global warming and several other unrelated topics, have led to a steep decline in several nati...
Markets whipsaw following Jerome Powell’s hawkish speech at Jackson Hole
Crypto prices swung on Friday as Fed chair Powell spoke about the pain of inflation. Crypto prices rose in the hour leading up to the speech, bitcoin was trading a little higher than $21,800 and ether...
Why Stephanie Link Says Jerome Powell Sounds More Hawkish — And She Expects Inflation To Move Higher
At the Federal Reserve’s annual Jackson Hole Economic Symposium on Friday, Fed Chairman Jerome Powell said the central bank’s plan to cut inflation to 2% will cause “some pain” for U...
3 takeaways after Jerome Powell’s Jackson Hole speech
Financial markets traded sideways the entire week, waiting for Jerome Powell’s Jackson Hole speech on Friday. The Federal Reserve’s Chair held one of the shortest, if not the shortest, Jackson Hole sp...
Here’s How Crypto Market Reacted To Jerome Powell Speech – Coinpedia – Fintech & Cryptocurreny News Media
Jerome Powell, the Federal Reserve Chairs’ Jackson Hole speech led to plunging of Bitcoin (BTC) and Ethereum (ETH) prices. The BTC price decreased by 1.83 percent, whereas the price of ETH decreased b...
Jerome Powell urges central banks to ‘forcefully’ raise interest rates in battle against inflation
Jerome Powell – MANDEL NGAN/ AFP The head of the Federal Reserve has warned US families to expect “pain” as he rallied central bankers around the world to continue cracking down on inflation wit...
Jerome Powell Speech, Merge Updates, and Bitcoin’s Choppy Price Action: The Week’s Crypto Recap
The past seven days were relatively unproductive in the cryptocurrency markets – at least in terms of price development, but this doesn’t mean there wasn’t volatility. The total capitalization seems t...
Jerome Powell says the Fed is ready to ‘bring some pain’ to households and businesses. ‘These are the unfortunate costs of reducing inflation’
Trying to get record inflation to come down without triggering a recession has been the Federal Reserve’s major project this year. Though signs currently point to the possibility that high prices migh...
Bitcoin and Ethereum Tumble As Fed Chairman Jerome Powell Issues Fresh Economic Warning
Stocks and crypto assets are down across the board in response to the Federal Reserve’s latest policy announcement. In a new speech at the Fed’s annual meeting, Chairman Jerome Powell says that the Fe...
Watch Federal Reserve Chair Jerome Powell speak live at Jackson Hole
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell delivers a speech at the central bank’s ...
Jerome Powell & US Dollar Summer Global Wrecking Ball Tour Continues
China Last Night KraneShares Key News Asian equities were mixed/lower overnight as South Korea, India, and Southeast Asia managed small gains while Japan, Hong Kong, and China were off. Global equitie...
Fed Chair Jerome Powell said he does not think the U.S. is currently in a recession
Federal Reserve Chairman Jerome Powell said Wednesday he does not believe the U.S. economy is in a recession as the central bank raised rates further to fight inflation. “I do not think the U.S....
Jerome Powell defends the rate hike
At the latest congressional hearing, US Federal Reserve Chairman Jerome Powell returned to talk about moves taken to deal with inflation. Jerome Powell’s plan against high inflation At the latest US ...
Watch Jerome Powell testify to Congress on the economy and how the Fed plans to fight inflation
[This stream is set to start at 9:30 a.m. ET.] Federal Reserve Chair Jerome Powell on Thursday concluded two days of testimony in front of Congress, speaking in front of House members. In remarks for ...
What Jerome Powell commented on the sliding of bitcoin and major cryptos amidst the hawkish market?
Analysts and traders around the crypto market started assessing the impact it could place after the continuous tightening of monetary policies by Federal Reserves On Tuesday, Chairperson of the US Fed...
Jerome Powell confirmed again at the helm of the Fed
The US Federal Reserve (Fed) has confirmed the arch-enemy of the cost of money, Jerome Powell, at the helm for another four years. Jerome Powell is still in charge of the Fed, what’s next? Jerome Powe...
Senate Confirms Jerome Powell to Second Term as Fed Chair
Key Takeaways The Senate has approved Jerome Powell to serve another four-year term as Fed chairman. Congress mandates that the Federal Reserve maintain price stability and full employment. While noti...
Opinion: Jerome Powell is the worst Federal Reserve policy maker in my lifetime
In the history of the Federal Reserve, the most revered chairmen are William McChesney Martin, Paul Volcker and Alan Greenspan. All gained their reputation by decisive monetary policy action at times ...