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Nalezeno "Fed Chair": 203

Fed Chair Jerome Powell Discusses Leveraging an Ethereum-Based Libor Replacement

5.6.2020
The Federal Reserve’s Chair, Jerome Powell has hinted at using an Ethereum-based interest reference rate in a transition from the London Interbank Offered Rate (Libor). Powell also detailed in a letter to Senator Tom Cotton (R-AR), that the Ethereum version of Libor, a software called...

Fed Chair Teases Use of Ethereum-Based Interest Reference Rates

4.6.2020
U.S. Fed Chair Jerome Powell said an Ethereum-based interest reference rate works, but maybe not for everyone

'Ethereum-Based' LIBOR Alternative Gets a Nod From Fed Chairman

4.6.2020
Jerome Powell. Source: a video screenshot, Youtube/CNBC Television The US Federal Reserve (Fed) Chairman Jerome Powell has seemingly expressed support for an "Ethereum-based" replacement of LIBOR, the average interest rate at which major global banks borrow from one another, stressing...

Fed Chair: ‘We Have the Ability to Create Money Digitally’

18.5.2020
Fed Chair Jerome Powell said the bank has flooded the economy with money and would continue lending programs for as long as they’re needed

Fed Chair Blames Coronavirus, Not ‘Usual Suspects’ for Crashed Economy

14.5.2020
The latest words from Jerome Powell suggest that there is little need to address monetary policy to avoid another market crash

Financial Bazookas Revealed – Market Strategists Believe the Fed Will Purchase Stocks Soon

1.4.2020
Bitcoin and cryptocurrencies may be the only free-market assets left not manipulated by central banks like the U.S. Federal Reserve. Since the covid-19 outbreak, the Fed has unleashed a massive arsenal of monetary weapons to combat the effects on the economy. After the significant rate cuts...

Coronavirus Prompts Fed to Slash Interest Rate – Stocks Slide, Gold Spikes, Bitcoin Uncertainty

4.3.2020
The U.S. Federal Reserve slashed interest rates by 50 bps on Tuesday citing concerns about the coronavirus outbreak against the bleak economy. The last time the central bank slashed rates by leveraging an “emergency rate shift” by half a percentage point was after Lehman Brothers filed...

US Worried Crypto Could Undermine Dollar as World Reserve Currency, Hiring Researchers to Prepare Response

16.2.2020
The U.S. Office of the Director of National Intelligence has admitted that cryptocurrency could undermine the U.S. dollar as the world’s reserve currency. The head of the U.S. Intelligence Community is seeking researchers to detail the impact of that status loss on the U.S., its economy,...

XRP Plummets 56% in One Candle, Bitmex Traders Outraged Over Flash Crash

13.2.2020
A number of XRP traders are complaining about massive liquidations on Bitmex as the price of XRP spiked and was brought down by 56% in a single candle. After the incident, well known traders with leveraged positions took to Twitter to complain about the upset as some investors were completely...

Fed Chair Powell Reveals US Response to China’s Digital Yuan, Libra, Public Payments Ledger

12.2.2020
In his testimony before the House Financial Services Committee, Federal Reserve Chairman Jerome Powell answered a number of questions regarding digital currencies. While stating that “a ledger where you know everybody’s payments” is not a problem in China, he believes it is...

Bitcoin Hits 5-Month High Following Fed Chair Powell’s Privacy Praise

12.2.2020
Bitcoin’s price is trending solidly back above the 5-digit figure mark

US Congressman Challenges Fed Chair on Threat of China’s Digital Currency

12.2.2020
Congressman tells Federal Reserve Chair that the U.S. is at the tipping point of issuing its central digital currency

Ex-Fed Chair Greenspan: ‘No Point’ in Central Bank Digital Currencies

12.11.2019
Former Fed chair Alan Greenspan has argued there’s “no point” for central banks to issue central bank digital currencies

Trump Pressures Fed for More Rate Cuts as Mega Banks Drain the Balance Sheet

2.10.2019
U.S. President Donald Trump is pressuring the central bank to cut interest rates even further as a spike in oil prices has offset the Federal Reserve’s ‘normalization’ tactics like rate-cutting and overnight repos. Additionally, the mega bank JP Morgan Chase (JPM) is being blamed...

The Fed Chair Jerome Powell Commented That the Consumers Are Not ‘Clamoring For Central Bank Backed Cryptocurrencies’

8.9.2019
Addressing a forum sponsored by the Swiss Institute of International Studies, in Zurich, Switzerland, on Sept. 6, the Federal Reserve Chair Jerome Powell answered questions about the issue of cryptocurrencies. He stated that the central bank is not “actively considering” minting...

Fed Chair Says Agency Monitoring Crypto But Not Developing Its Own

7.9.2019
Federal Reserve Chairman Jerome Powell argued that central banks will not likely release their own digital currency in the near term

Crypto Bullishness Spreads on Capitol Hill

21.7.2019
U.S. Congress has shown that it is starting to care about cryptocurrency as a number of lawmakers spoke up in favor of it this week. “The world Satoshi Nakamoto had envisioned is an unstoppable force” and “there’s no capacity to kill bitcoin” are some of the comments...