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Fed Chair Jerome Powell Says ‘You Wouldn’t Need Cryptocurrencies if You Had a Digital US Currency’
15.7.2021
Federal Reserve Chairman Jerome Powell believes that there is no need for cryptocurrencies if there is a digital dollar. “I think that’s one of the stronger arguments in its favor,” he said. The Fed chair also insists that the U.S. is not in danger of losing its reserve currency...
Federal Reserve Chairman Jerome Powell Says Cryptocurrencies Are ‘Vehicles for Speculation’
16.4.2021
The Federal Reserve chairman believes that cryptocurrencies are “really vehicles for speculation” and “No one is using them for payments.” He then compared crypto to gold. His comments about cryptocurrency followed Coinbase’s direct listing on Nasdaq. Fed Chair Powell...
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
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
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
LIVE: CoinDesk Covers Fed Chair Powell’s Jackson Hole Speech
27.8.2020
CoinDesk live-blogs Fed Chair Jerome Powell's Jackson Hole speech on inflation and the economy
Why Bitcoin price may simply shrug at Fed chair Powell’s ‘brrr’ speech
27.8.2020
Fed chair Jerome Powell will give a speech on inflation on Thursday but it may not affect the price of Bitcoin and gold, some commentators argue
WATCH: Fed Chair Powell Lays Out Economic Policy Approach
27.8.2020
Federal Reserve Chairman Jerome Powell is expected to announce new measures to control inflation at his annual speech on the U.S. central bank's policy approach during the Jackson Hole symposium Thursday
Fed Chair Powell’s Jackson Hole Speech Could Hint at US Dollar’s Future
26.8.2020
Fed Chair Jerome Powell's speech Thursday at the annual Jackson Hole Economic Symposium highlights how much has changed over the past year
Fed Chair Powell Warns of ‘Unsustainable’ Budget as US National Debt Crosses $26 Trillion
17.6.2020
In his testimony before the Senate banking committee, Federal Reserve Chairman Jerome Powell warned Congress that the U.S. federal budget has been on an unsustainable path for years. He added that the U.S. economy is facing a deep downturn with “significant uncertainty.”...
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,...
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