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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.
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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
Bitcoin braces for Fed's Powell as trader says $65K key BTC price level
14.5.2024
BTC price volatility continues within a narrow range — but some BTC price data shows the path toward all-time highs
Bitcoin traders expect Fed Chair Powell to ‘pump our bags’ and BTC to target $80K+
13.5.2024
Historical Bitcoin performance data and investors' expectation that the Fed will “pump our bags” have traders anticipating a strong BTC price rebound
Cautious Bitcoin Bounce to Face Inflation Data Hurdles Later This Week
13.5.2024
The downtrend in inflation has stalled so far this year, putting in doubt the odds for any Fed rate cuts in 2024
U.S. Bitcoin ETFs Bleed Record $563M Even as Fed's Powell Rules Out Rate Hike
2.5.2024
Fidelity's FBTC, not GBTC, let outflows on Wednesday in what may be an alarming development for the bulls
Jerome Powell’s pivot heralds a boring summer for Bitcoin
1.5.2024
The Federal Reserve isn't sticking with the schedule of interest rate cuts it predicted earlier in the year. That makes navigating the market more challenging
Fed Governor Bowman Insists High Inflation Could Necessitate Future Rate Hikes
7.4.2024
Inflation in the U.S. has remained persistent, experiencing increases in the first two months of 2024, prompting members of the U.S. Federal Reserve to exercise caution against premature rate reductions. Federal Reserve Governor Michelle Bowman has voiced considerations for elevating interest...
Powell: Economy Progresses but Inflation Still ‘Too High’ to Adjust Benchmark Rate
20.3.2024
On Wednesday, March 20, 2024, the Federal Open Market Committee (FOMC) declared that there will be no change to the federal funds rate for the time being. The committee emphasized its intention not to lower the target rate until there is “greater confidence that inflation is moving...
Fed Chair Jerome Powell Addresses Concerns Over CBDCs, Prioritizes Privacy
8.3.2024
In a recent Senate Banking Committee hearing, Jerome Powell assured lawmakers that the Federal Reserve is not pursuing a CBDC anytime soon and “not far” from cutting interest rate.
The post Fed Chair Jerome Powell Addresses Concerns Over CBDCs, Prioritizes Privacy appeared first on Cryptonews
Jerome Powell Clarifies: US Far From Introducing a Central Bank Digital Currency
8.3.2024
Federal Reserve Chair Jerome Powell stated before the Senate Committee on Banking, Housing, and Urban Affairs that the United States is far from adopting or even recommending the introduction of a central bank digital currency (CBDC), emphasizing a significant distance from such a possibility....
Fed Chair Powell Eases CBDC Concerns: US Far From Direct Fed Accounts, Emphasizes Need for Congressional Approval
7.3.2024
Federal Reserve Chairman Jerome Powell engaged with the Senate Banking Committee, signaling that the U.S. is just beginning to contemplate the introduction of a central bank digital currency (CBDC). Powell Assures No Direct Fed Accounts in CBDC Plans, Seeks Congressional Go-Ahead In...
Best Crypto to Buy Today March 7 – Jupiter, THORChain, EOS
7.3.2024
As macro tailwinds following dovish commentary from Fed Chair Jerome Powell help lift major cryptos back towards recent highs, investors hunting for the best crypto to buy today would do better by taking a look at smaller altcoins, many of which are enjoying outsized pumps.
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Bitcoin (BTC) Price Briefly Retakes $68,000 as US Dollar Dips on Dovish Remarks from Fed Chair Powell
7.3.2024
The Bitcoin (BTC) price briefly retook $68,000 on Thursday amid a dip in the US dollar following dovish remarks from US Federal Reserve Chair Jerome Powell, coming within about 2% of the record highs it printed earlier in the week.
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U.S. Fed Chair Powell Says 'Nowhere Near' Pursuing CBDC, Won't Spy on Americans
7.3.2024
Even if the Federal Reserve were close to recommending a central bank digital currency (CBDC) in the U.S., Chair Jerome Powell told lawmakers that the Fed has zero interest in a system in which it would have a view into user data
Fed Chair Powell Briefs Lawmakers on US Central Bank Digital Currency Progress
15.2.2024
Federal Reserve Chairman Jerome Powell has provided an update to Congress members regarding the Fed’s central bank digital currency (CBDC) work. “If we’re going to have a CBDC, Congress needs to authorize it,” he stressed. Moreover, the Fed chair reportedly said that a framework...
Fed Chair Powell Told House Democrats U.S. Needs Stablecoin Bill: Politico
14.2.2024
Powell also said a CBDC would need Congress' approval before the Federal Reserve will act
Twisters Is A Sequel To The Best Movie Of All Time, Not A Remake Of It
12.2.2024
During Super Bowl LVIII, a teaser trailer dropped that baffled a lot of viewers—it wasn’t the Despicable Me 4 one making fun of AI, but an action-packed Twister teaser. The trailer showcased the July 2024 movie starring Normal People’s Daisy Edgar Jones and Top Gun: Maverick’s Glen Powell as storm...
BitMEX Co-Founder Arthur Hayes Sees Bitcoin Price Hit $1 Million on Bank Bailouts
6.2.2024
BitMEX co-founder and former CEO Arthur Hayes earlier posted on X a scenario where he sees Bitcoin price touching $1 million. Hayes tweeted that Federal Reserve Chairman Jerome Powell is saying US banks are strong to very strong, but NYCB (New York Community Bancorp) says otherwise. Who is right...