Fed Chair Jerome Powell Hints at Aggressive Rate Hikes After Saying ‘Inflation Is Much Too High’
The sixteenth chair of the Federal Reserve, Jerome Powell stated that America’s “inflation is far too excessive” on Monday, and he additional defined that the...
Wharton Professor Urges the Fed to ‘Bite the Bullet’ and Defend the US Dollar — Warns About Bitcoin Taking Over
A finance professor on the Wharton School of the University of Pennsylvania has warned of “bitcoin taking up.” He added that the Fed “has been...
US Inflation Could Be Worse Than Expected, Goldman Sachs Says — Atlanta Fed President Favors 25 BPS Rate Hike
While the battle in Ukraine is a scorching matter, fears of rising inflation proceed to hang-out Americans residing within the nation, as economists and analysts...
Fed’s Minutes Report ‘Bludgeons’ Global Markets — Stocks, Crypto, Precious Metals Slip in Value
Minutes from the U.S. Federal Reserve’s coverage assembly on December 14-15 present that the central financial institution is being persistent about unwinding quantitive easing (QE)...
Fed Chair Jerome Powell Dismisses Cryptocurrencies as Financial Stability Concern however Warns They’re Risky
Federal Reserve Chairman Jerome Powell says that he doesn’t see cryptocurrencies as a monetary stability concern. However, he famous that they’re dangerous and “there’s massive...
Fed Chair Jerome Powell Could ‘Slow Crypto Down’ in His Second Term, Warns Billionaire Mike Novogratz
Billionaire investor Mike Novogratz has cautioned that Federal Reserve Chairman Jerome Powell might decelerate the crypto market in his second time period in workplace. Commenting...
After Overseeing the Largest Monetary Expansion in US History Biden Renominates Powell to Lead the Fed
U.S. president Joe Biden revealed his intent on Monday to re-nominate Jerome Powell because the Federal Reserve chairperson. Major indices and shares gained on the...
US President Biden Nears Decision to Choose Fed Chair — Reports Indicate Toss-up Between Powell and Brainard
Following the passing of the Biden administration’s infrastructure bill, the U.S. president appears to be nearing his decision on whether or not he will reappoint...
US Lawmakers Urge Fed Chair Jerome Powell to Support Crypto Innovation
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 …...
Fed Chair Powell Updates Progress of Digital Dollar, Says ‘I Don’t Think We Are Behind’ on CBDC
Federal Reserve Chairman Jerome Powell has shared the progress of the Fed’s work on a central bank digital currency (CBDC), the digital dollar. “We are...