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...
Tag: Powells
Bitcoin Slips Below $20,000 As Investors Continue To Mull Powell’s Jackson Hole Speech ⋆ ZyCrypto
Advertisement     After two consecutive weeks of negative returns, Bitcoin opened on Monday with its head down as investors continued to contemplate the hawkish commen...
Powell’s Inflation-Fighting Speech Sets Up Larger 75bps September Hike
A television station broadcasts Jerome Powell, chairman of the US Federal Reserve, speaking at the … [+] Jackson Hole Economic Policy Symposium on the floor of the New York Stock Exchange (NYSE)...
Avoid money-losing names after Powell’s tough inflation stance
CNBC’s Jim Cramer said Monday that investors whose portfolios include money-losing companies should steel themselves for more downside in light of Federal Reserve Chair Jerome Powell’s spe...
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...
Powell’s Hawkish Pivot to Roil Asian Market Open
(Bloomberg) — Losses loom for Asia’s stock market on Monday as investors absorb Federal Reserve Chair Jerome Powell’s stern message that interest rates are going higher for longer in a painful f...
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...
The Statement Of The Year For Crypto? It’s Not Powell’s Speech
Fed chair Jerome Powell’s speech at the annual Jackson Hole conference was highly significant. However, another Fed official might have the most important statement regarding crypto. Nick Anthony of ...
Can Bitcoin Rebound After Powell’s Doom And Gloom Speech?
Fed chair Jerome Powell’s speech was anything but good news for the crypto markets. Bitcoin and the rest of the crypto market were showing strong rallies because of favorable inflation data. Bitcoin w...
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...
Bitcoin Drops Subsequent To Powell’s Inflation Remarks
Bitcoin News In the previous day, the price of Bitcoin fell by 6.3%. The majority of cryptocurrencies also lost value after Powell’s remarks. Bitcoin and other cryptocurrencies fell on Friday as trade...
Crypto & Stock Markets React to Fed Chair Powell’s Speech on Upcoming Measures to Fight Inflation
Fed Chairman Jerome Powell addressed inflation and the steps that will be taken to reduce it in today’s speech in his annual speech at Jackson Hole. Powell shared that the current inflation rate in th...
Dow Jones Futures: Market Rally Feels Fed Chief Powell’s ‘Pain’; What To Do Now
Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally suffered significant losses for a second straight week, with Federal Reserve ch...
Markets tumble following Governor Powell’s “We must keep at it” speech
With every financial ear listening in, and millions of pairs of eyes glued to their screens, market watchers from around the globe tuned in, as Governor Powell spoke at the first session of the Jackso...
BTC drops to near $20,700 after Fed Chair Powell’s speech
Bitcoin fell almost 5% to $ 20,822 after Federal Reserve Chairman Jerome Powell spoke at Jackson Hole on Aug. 26, saying that restoring inflation back to ideal levels will take time. Powell briefly sp...
Cathie Wood’s ARK Innovation ETF tumbles after Fed Chair Powell’s Jackson Hole speech
Cathie Wood’s flagship ARK Innovation ETF ARKK, -6.42% has taken a steep drop in midday trading as the technology sector sinks following Fed Chair Jerome Powell’s speech Friday morning at ...
Powell’s Speech Was Short Not Sweet: Here’s How It Affects Investors and Traders
Behold, the macro. First, some macroeconomics for the numerically challenged. The data is for July. It is compiled and published by the Bureau of Economic Analysis. If you, like me, think inflation ha...
Bitcoin price outlook ahead of Powell’s Jackson Hole speech
Bitcoin (BTC/USD) has touched an intraday low of around $21,376 across major exchanges, according to data from CoinGecko. This follows a rejection near $21,800, and suggesting further weakness could p...
Will Fed Chair Powell’s Friday Speech Send Bitcoin Soaring?
In this episode of NewsBTC’s all-new daily technical analysis videos, we are looking at the the impact an upcoming speech from US Fed Chair Jerome Powell could have on Bitcoin price action. Take a loo...
Bitcoin Price Falls as Markets Await Fed Chair Powell’s Comments
Bitcoin’s current reading, while slightly above 30, indicates that BTC is undervalued, although the recent price moves have come on lower-than-average, trading volume.. Lower-than-average trading volu...
In Crypto Winter, Jesse Powell’s Pirate-King Leadership Style Might Be the New Normal
Although many social-political discussions are now off the table, the company’s leadership has made some exceptions as to which subjects of conversation are fair game. Topics aligned with the “c...
As Crypto Rallies on Strong Jobs Data, Analysts Speculate on Powell’s Next Move
July’s jobs data crushed expectations Additional 75 basis point hikes, or more, are likely to come, analysts said Jobs data released Friday showed strong growth in the workforce and a decline in unemp...
Powell’s Monetary Policy Reporting Seems Mundane
7 hours ago | 2 mins read Market News The US inflation crossed the planned 2% and reached a decade high of 8.9% Crypto and digital assets need regulation similar to banking and capital market ones. O...
Watch Powell’s testimony to Congress on the Fed’s inflation fight, state of the economy
[The stream is set to start at 9:30 a.m. ET] Federal Reserve Chair Jerome Powell on Wednesday began two days of testimony in front of Congress. The central bank chief is expected to provide updates on...
Fed Chair Powell’s Sensational Comment On Crypto
U.S. Federal Reserve Chair Jerome H. Powell made quite a statement on the future of CBDCs in the U.S. financial system. Powell made the comments on Fed crypto stance on Friday at a research conference...
A day after Powell’s assurances, markets are worried something breaks
Federal Reserve Board Chairman Jerome Powell speaks to reporters after the Federal Reserve raised its target interest rate by three-quarters of a percentage point to stem a disruptive surge in inflati...
Powell’s Fed Rate-Hike Plans Get Jolted by Inflation: Eco Week
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg Jerome Powell could deliver a hawkish surprise on Wednesda...
Fed Chair Powell’s Comments Are Reason For Optimism, Not Fear
Federal Reserve Chair Jerome Powell (Photo by Win McNamee/Getty Images) Getty Images Forget Jerome Powell’s “pain” forecast and the stock market’s 1000-point drop. The signific...