The chairman of the Federal Reserve, Jerome Powell, says crypto requires new regulation, citing that it presents risks to the U.S. financial system and could destabilize existing financial institution...
Tag: Powell
Fed’s Powell Again Raises Alarms Over ‘Financial Stability’ of Crypto Products
Federal Reserve Chairman Jerome Powell is worried about crypto—again. The U.S. central bank chief reportedly said today that new forms of digital money, such as cryptocurrencies and stablecoins, pres...
Jerome Powell Highlights Risks of Digital Finance
Key Takeaways Federal Reserve chair Jerome Powell highlighted the risks of crypto and digital finance during a speech on Wednesday. He said that regulations were not designed for digital finance, and ...
Powell says Fed is prepared to hike interest rates more aggressively to fight inflation
Federal Reserve Chair Jerome Powell said Monday the central bank is prepared to raise interest rates more aggressively – including by half a percentage point at some meetings – to tame inflation that’...
Fed Chair Powell Increasing Interest Rates Could Hurt Crypto
Analysts believe that the crypto market could suffer some consequences if Fed Chair Powell follows through and raises interest rates. Analysts believe that the hawkish stance of Federal Reserve Chair ...
Fed Chair Powell hinted at a mega–rate hike. The markets are banking on more than one
With inflation and growth concerns swirling over the markets, Jerome Powell dropped a tantalizing clue on Monday about how the Federal Reserve will approach its next rate-setting meeting in May. To ha...
Dow ends 200 points lower after Fed’s Powell leaves door open to larger rate hikes
Federal Reserve Chairman Jerome Powell Samuel Corum/Getty Images Stocks fell Monday after Federal Reserve Chairman Jerome Powell left the door open to the prospect of bigger rate hikes to bring down i...
Fed Chair Jerome Powell Hints at Aggressive Rate Hikes After Saying ‘Inflation Is Much Too High’ – Economics Bitcoin News
The 16th chair of the Federal Reserve, Jerome Powell said that America’s “inflation is much too high” on Monday, and he further explained that the U.S. central bank is willing to raise rates more aggr...
Stock futures inch higher after Powell says bigger hikes possible
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, March 21, 2022. Brendan McDermid | Reuters Stock futures inched higher in overnight trading after Federal Reserve Chai...
Fed Chairman Jerome Powell speaks at NABE annual conference
[The stream is slated to start at 12:30 p.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell is slated to speak Monday at the Nationa...
Powell says ‘inflation is much too high’ and the Fed will take ‘necessary steps’ to address
U.S. Federal Reserve Chairman Jerome Powell addresses an online only news conference in a frame grab from U.S. Federal Reserve video broadcast from the Federal Reserve building in Washington, U.S., Ja...
Three 8%-Plus Yields Insulated From Rising Rates
Closeup of “interest rates” text in a newspaper getty What’s better than an asset class that can deliver 8% in annual income like clockwork? How about one that’s actually poised to pop as ...
Fed’s Powell sees the light — and turns far more hawkish than expected
After remaining stubbornly dovish last year, Federal Reserve Chairman Jerome Powell on Wednesday jumped the central bank squarely into the hawkish camp at his press conference on Wednesday. “The March...
Federal Reserve’s Long-Awaited Rate Hike Is Here: Powell Announces 0.25% Increase
Topline The Federal Reserve announced a 0.25% interest rate hike on Wednesday—the first increase since 2018, while also forecasting a more-than-expected six additional hikes this year, as the central ...
Fed’s Powell Set to Remove Punch Bowl That Lubricated Crypto Party
“Our assumption is that the updraft in commodity prices will diminish into mid-year, and base effects will finally allow an emerging downtrend in the year-over-year inflation metrics,” Eng...
Despite Ukraine, Markets Still See Aggressive Fed Action This Year
Jerome Powell, chairman of the U.S. Federal Reserve, smiles during a Senate Banking, Housing, and … [+] Urban Affairs Committee hearing in Washington, D.C., U.S., on Thursday, March 3, 2022. Pow...
Fed Chair Jerome Powell Says Cryptocurrency Needs Regulation To Prevent Terrorist Financing
The Chairman of the U.S. Federal Reserve says that the crypto industry needs to form regulations to thwart digital assets from being used to finance terrorism and other crimes. In a testimony before t...
Fed set to raise rates despite Ukraine war, Powell says
Despite Russia’s invasion of Ukraine and a sliding stock market, Federal Reserve Chair Jerome Powell told Congress on Wednesday the central bank plans to raise its key interest rate from near zero thi...
Fed Chair Jerome Powell Has Intensified Calls For Cryptocurrency Regulations In Front Of Congressmen ⋆ ZyCrypto
Advertisement     Jerome Powell has increased the calls for cryptocurrency regulations in the wake of Russia’s invasion of Ukraine. The Fed Chair noted that “congressi...
While the Fed Monitors the ‘Ukraine Situation Closely,’ Powell Still Expects a Series of Quarter-Point Rate Hikes – Economics Bitcoin News
Federal Reserve chairman Jerome Powell still expects to see interest rate hikes starting in March, but the Fed chief further stressed that the central bank will “need to be nimble.” In remarks prepare...
Watch Federal Reserve Chair Powell speak live
[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 Chairman Jerome Powell speaks Thursday before the U.S. Senate Comm...
Federal Reserve Chair Powell Sees Interest Rate Hike this Month
US Federal Reserve Chairman Jerome Powell announced on Wednesday that the central bank is set to begin raising interest rates this month as part of efforts to combat high inflation, strong economic de...
Fed Chair Powell Calls for Congressional Action on Crypto Amid Ukraine, Russia Conflict
Federal Reserve Chairman Jerome Powell today reiterated his view that there is a growing need for cryptocurrency regulations during a testimony before the House Financial Services Committee. He said r...
Rate Hikes Are Coming In March Despite ‘Uncertain’ Impact From Russia’s Invasion Of Ukraine, Powell Says
Topline Federal Reserve Chairman Jerome Powell confirmed in testimony before Congress on Wednesday that the central bank would begin raising interest rates in two weeks amid growing urgency to combat ...
Watch Jerome Powell live
[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 Chairman Jerome Powell addresses the U.S. House Committee on Finan...
Powell says Fed is poised to raise interest rates for first time in three years to fight inflation despite Ukraine war, market sell-off
Despite Russia’s invasion of Ukraine and a sliding stock market, Federal Reserve Chair Jerome Powell will tell Congress Wednesday the central bank plans to raise its key interest rate from near zero t...
Fed Chair Powell notes ‘highly uncertain’ Ukraine impact, but says rate hikes are still coming
Federal Reserve Board Chairman Jerome Powell speaking at a re-nomination hearing of the Senate Banking, Housing and Urban Affairs Committee, on January 11, 2022, in Washington, DC. Pool / Getty Federa...
With inflation and Ukraine, Powell must thread a needle on Capitol Hill this week to calm markets
U.S. Federal Reserve Board Chairman Jerome Powell attends his re-nominations hearing of the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill, in Washington, U.S., January 11, 2022. ...
Three Questions Senators Can Ask Powell At March 3 Hearing
Jerome Powell before Senate Banking Committee (Photo by Alex Wong/Getty Images) Getty Images The timing is perfect to ask the three questions. Inflation is high, the economy is good, unemployment is l...
Kraken’s Powell suggests blocking US addresses from exchanges
Mykhailo Fedorov, Ukraine’s Vice Prime Minister and Minister of Digital Transformation, asked “all major crypto exchanges to block addresses of Russian users,” CoinDesk reported. He tweeted: It’s cruc...
Why Wall Street ‘is much more worried’ about Powell than Putin: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, February 25, 2022 Inflation, and the Fed...