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Nalezeno "powell": 541

Fed Chair Powell Reveals No Contact With Biden in 2 Years Amid Economic Challenges

10.7.2024
Amid swirling speculation in Washington D.C. about whether President Joe Biden will seek reelection in 2024 and questions about who really governs the nation, Fed Chair Jerome Powell disclosed that he hasn’t spoken with the U.S. President for over two years. “When any President calls...

Citi Analysts Predict 8 Weeks of Fed Rate Cuts Starting in September, Powell Seeks Evidence

9.7.2024
Analysts from Citi, the American multinational investment bank and financial services corporation, predict the U.S. Federal Reserve will begin reducing rates by September, totaling a 200 basis points (bps) cut over the next eight Federal Open Market Committee (FOMC) meetings. Nevertheless, Federal...

Bitcoin Little-Changed Above $57K as Fed Chair Powell Testifies to Congress

9.7.2024
Jerome Powell made clear that central bank policymakers are focused on downside risks to the economy as much as they are inflation

2024 Republican Platform Defends Bitcoin Mining and the Right to Self-Custody Crypto

8.7.2024
The Republican Party has integrated cryptocurrency issues into its 2024 platform titled “Make America Great Again.” The document outlines the party’s intention to “end Democrats’ unlawful and unAmerican crypto crackdown” on law-abiding citizens. Republican Party...

Fed’s Minutes Report Cites High Inflation and Economic Risks in Decision to Hold Rates

4.7.2024
According to the minutes from the Federal Reserve’s Federal Open Market Committee (FOMC), the choice to maintain the federal funds rate in its current range was driven by concerns about ongoing inflation and economic instability. Economic Instability and Inflation Keep Fed Rates Steady At...

Bitcoin Dips to $56,952 as Market Reacts to Mt Gox and German BTC Moves

4.7.2024
On Thursday, July 4, 2024, the price of bitcoin fell below $57,000, reaching a low of $56,952 at 5:20 a.m. EDT. There is widespread speculation about the Mt Gox distribution and the German government’s transfer of approximately 3,000 bitcoin to unidentified wallets, Coinbase, Bitstamp,...

IMF Advises US to Keep Interest Rates Steady Through Late 2024

4.7.2024
The International Monetary Fund (IMF) has advised the U.S. to improve its fiscal position by reducing spending and increasing revenues. The IMF emphasizes addressing rising debt through policy adjustments and recommends maintaining current interest rates until late 2024. “Given those risks...

Kraken’s Jesse Powell donates $1M in ETH to Donald Trump

28.6.2024
In this post Biden and Trump’s first presidential debate results are in favor of Trump, and the crypto community has responded. Jesse Powell has donated $1 million in crypto to Trump’s presidential campaign. Powell blames Elizabeth Waren and Gensler for the U.S. failed crypto market. Joe Biden...

Kraken Co-Founder Jesse Powell Donates $1M, Mostly Ether, to Donald Trump

28.6.2024
Powell said he is supporting the only major pro-crypto party candidate

Kraken’s Jesse Powell Donates $1 Million to Trump

28.6.2024
Crypto industry leader Jesse Powell has made a significant donation of $1 million, primarily in ethereum, to Donald Trump’s presidential campaign. In a social media post, Powell cited the crypto industry’s struggles with regulation under the Biden administration, specifically naming...

Jesse Powell donates $1M in crypto to Trump's 2024 campaign

28.6.2024
Jesse Powell, Kraken co-founder, backs Trump with $1 million in Ether, supporting pro-crypto policies against regulatory crackdowns

Analyst targets $91.5K Bitcoin next despite Fed’s ‘hawkish tone’

13.6.2024
Pseudonymous analyst CryptoCon is confident Bitcoin will surge 25% above current all-time highs — its next big “step” before cracking the cycle’s top of $123,982

US Senators Urge Federal Reserve to Cut Interest Rates — Warn Fed Policy Threatens Economy, Risks Recession

11.6.2024
Three U.S. senators have urged Federal Reserve Chair Jerome Powell to cut interest rates, arguing that high rates stifle the economy and raise housing and auto insurance costs, which are key inflation drivers. They warn that prolonged high rates risk a recession and increased unemployment, calling...

Top Crypto Gainers Today on DEXScreener – RWIF, DUMB, GME

15.5.2024
Trading conditions were broadly bearish on Tuesday as traders focused on a hotter-than-expected US PPI report and commentary from Fed Chair Jerome Powell, with traders having to turn to the on-chain meme coin markets in the hunt for top crypto gainers today. The post Top Crypto Gainers Today...

Best Crypto to Buy Now May 14 – SLOTH, DOGEVERSE, WAI

14.5.2024
Crypto markets are a see of red on Tuesday in wake of US PPI inflation data and comments from Fed Chair Jerome Powell, with investors struggling to pick which might be the best crypto to buy now. The post Best Crypto to Buy Now May 14 – SLOTH, DOGEVERSE, WAI appeared first on Cryptonews