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Nalezeno "Fed Chair": 271

Survey Shows 77% of Americans Are Concerned About Rising Inflation, Prices for Goods Are Soaring

28.3.2021
Since well before the Covid-19 outbreak was found in America, the U.S. Federal Reserve invoked a number of monetary easing policies. Then throughout 2020, the central bank created a quarter of all the USD ever issued in less than 12 months to help the economy during the outbreak. Despite Fed Chair...

Fed Chairman Jerome Powell Says Bitcoin Is a Substitute for Gold

22.3.2021
Federal Reserve Chairman Jerome Powell sees cryptocurrency as a substitute for gold, rather than the dollar. However, he cautioned that crypto assets, including bitcoin, are highly volatile and not useful as a store of value. Fed Chair Sees Bitcoin as a Gold Substitute During a webinar sponsored...

Bitcoin is 'more a substitute for gold than the dollar' — Fed Chair Powell

22.3.2021
Jerome Powell reiterates his opinion about Bitcoin as a gold substitute, but a sell-off accompanies his other criticisms

Inflation Concerns Supersede Covid-19: 220 Investors Managing $650B Say Economy’s Biggest Risk Is Inflation

17.3.2021
As mainstream media pundits like the Bloomberg economics editor Peter Coy tell Americans to “tune out the hyperinflation hype,” fund managers from a recent Bank of America survey who collectively manage $630 billion, believe inflation is the biggest risk to markets right now. Instead...

Fed chair says it's up to Congress to bring a digital dollar to market

24.2.2021
Jerome Powell added that the Federal Reserve needed to consider the health of other markets when creating a digital currency

Bitcoin Price Drops 18%, Fed Discusses ‘Soft’ Inflation, Analyst Says BTC Sell-Off Attracts More Investors

23.2.2021
Digital asset markets are seeing some turbulence on Tuesday as the entire crypto market capitalization has lost 11% in value during the last 24 hours. Bitcoin has slid to a low of $44,846 during the morning trading sessions (EST) losing more than 18% during the last day. Bitcoin Price Dips Over...

Fed Chair Powell: ‘We’d Welcome Higher Inflation’

27.1.2021
The central bank doesn’t want to pull back asset purchases just yet, Powell said Wednesday

Biden to Tap Former Fed Chair Janet Yellen as Treasury Secretary

23.11.2020
Former Fed Chair Janet Yellen will be tapped to run the Treasury Department, where she will oversee federal agencies that impact crypto

Biden plans for former Fed Chair and noted Bitcoin bear to lead US Treasury

23.11.2020
The Biden team looks to Janet Yellen to lead the next administration's economic policy, which will have to navigate the wreckage left in the wake of the coronavirus

‘Control the Pandemic’ – Fed Chair Jerome Powell Predicts the Entry of a ‘Different Economy’

19.11.2020
Federal Reserve Chair Jerome Powell told participants at the Bay Area Council Business Hall of Fame Awards Ceremony on Tuesday that the economy will never be the same after Covid-19. According to Powell, the use of accelerated technology will change the way the global economy operates as...

OCC’s Brian Brooks Against Government Issued Digital Dollar – Supports Regulation of Privately Issued Stablecoins

31.10.2020
The acting director of the U.S. Office Comptroller of Currency (OCC) Brian Brooks says the creation of the U.S. digital dollar is a terrible one because the government is not good at building things. Instead, Brooks believes tech companies, which already possess the know-how, to be in a better...

Monetary Stability: The IMF and Fed Chair Jerome Powell Discuss Digital Currency Implications

19.10.2020
On Monday, the International Monetary Fund (IMF) published a report on crypto assets like central bank digital currencies (CBDCs) and global stablecoins (GSCs). Moreover, the IMF also hosted a virtual panel that discussed digital currencies and cross-border payments with the Federal Reserve Chair...

Better to get it right than to be first with CBDC, says US Fed chair

19.10.2020
The U.S. already has a “safe and active dynamic domestic payment system,” Powell argued

Fed Chairman Claims ‘Now Is Not the Time’ to Worry About the Federal Budget

7.10.2020
According to the Federal Reserve Chairman, Jerome Powell, the road to economic recovery is far from over and the Covid-19 pandemic has fueled the tragedy. During his speech at the National Association for Business Economics annual meeting, Powell highlighted that the federal budget was essentially...

Unlimited QE and an Index Portfolio: How Fed Chair Jay Powell Can Pump His Bags

5.9.2020
In mid-August the U.S. stock market defied odds and mainstream media claimed after the Standard & Poor’s 500-stock index touched new heights on August 18, it ‘officially’ ended the “shortest bear market in history.” Interestingly while roughly 30 to 40 million...

Visa Exec Says ‘Opt Out With Bitcoin’ Slamming Fed’s Policy Change Toward Inflation

29.8.2020
On Thursday, 17 top Federal Reserve officials explained that the committee plans to let inflation run hotter than usual, or above the benchmark 2% rate for a duration of time. Fed Chair Jerome Powell’s speech was considered a “major policy shift” and a number of economists...

Fed Chair Powell’s Flexible Inflation Views Were Already Priced In

28.8.2020
Federal Reserve Chair Jerome Powell did not raise many eyebrows Thursday morning when he announced the U.S. central bank would encourage some periods of inflation above its 2% target in certain circumstances to boost the long-term economy