by COINS NEWS - 2 years ago
The latest poll results, released on Wednesday before Fed Chair Jerome Powell was due to appear before the Senate Banking Committee as part of his twice-yearly monetary policy testimony to Congress, show momentum is still behind the U.S. central bank...
by COINS NEWS - 2 years ago
Jerome Powell just said it. Interest will keep going up without any sign of retraction. If we take the history we all know that every time inflation peaks the markets finds the bottom. You can check the data of previous crashes and make some conclusi...
Cryptocoins News / The Cointelegraph - 2 years ago
The United States Senate has confirmed the nomination of Jerome Powell as the chair of the board of governors of the Federal Reserve System until 2026.In an 80–19 landslide vote on the Senate floor on Thursday, U.S. lawmakers confirmed Powell as chai...
Bitcoin News / Bitcoin.com - 2 years ago
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 aggressively. Off the hee...
by COINS NEWS - 2 years ago
With the COVID crisis almost over, the Fed had to change its monetary policy. No more unlimited money printing, no more injections of liquidity into the financial markets, and higher interest rates. The Fed took so long to announce this inflection of...
Cryptocoins News / NewsBTC - 2 years ago
On Jan. 11, Federal Reserve Chair Jerome Powell told Senate legislators that nothing prevents privately issued stablecoins from coexisting with a prospective Fed central bank digital currency (CBDC).
Jerome Powell Confirms Fed-issued Digital Currency...
More / Bitcoin Reddit - 2 years ago
Hear me out. 1 man Jerome Powell can manipulate the markets that makes Elon Musk look like a saint when it comes to market manipulation. This Jerome guy was wrong last year about inflation being 'Transitory'. Now his saying he can stop/reduce...
Cryptocoins News / CoinJournal - 2 years ago
Powell says nothing would prevent a well-regulated stablecoin from coexisting with a US CBDC.
He also revealed that a much-awaited report on cryptocurrencies was ready for release within weeks.
Cryptocurrencies and a US central bank digital cur...
Cryptocoins News / The Cointelegraph - 2 years ago
“The report really is ready to go and I would expect we will drop it — I hate to say it again — in coming weeks," said Jerome Powell. At his confirmation hearing in fr...
Bitcoin News / Bitcoin.com - 3 years ago
Federal Reserve Chairman Jerome Powell says that he does not see cryptocurrencies as a financial stability concern. However, he noted that they are risky and “there’s big consumer issues for consumers who may or may not understand w...
Cryptocoins News / The Cointelegraph - 3 years ago
“Stablecoins can certainly be a useful, efficient consumer-serving part of the financial system if they’re properly regulated,” said Jerome Powell. United States Feder...
Bitcoin News / Bitcoin.com - 3 years ago
Billionaire investor Mike Novogratz has cautioned that Federal Reserve Chairman Jerome Powell could slow down the crypto market in his second term in office. Commenting on his renomination, Novogratz said Powell could “act more like a cent...
Cryptocoins News / CoinJournal - 3 years ago
Jerome Powell getting a second term as Fed chair has changed the crypto macro sentiment, according to Mike Novogratz
He says Fed acting on inflation with speed could slow down markets, including cryptocurrency
Despite the potential for a price slowd...
Cryptocoins News / The Cointelegraph - 3 years ago
During his time as Fed chair, Powell has said the agency was “working proactively to issue a CBDC” but was unlikely to support a blanket ban on crypto. President Joe B...
Bitcoin News / Bitcoin.com - 3 years ago
Several U.S. lawmakers have called on Federal Reserve Chairman Jerome Powell to support cryptocurrency innovation. “The Federal Reserve must work to support domestic innovation … Our government should never be in the business of thw...