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Digital dollar advocate will retire as Dallas Fed president
27.9.2021
At a November 2020 virtual conference, Rob Kaplan said "it is critical that the Fed focuses on developing a digital currency in the coming months and years."
Crypto recovers on positive Fed and Evergrande news, then drops amid China FUD; Sorare and Dapper Labs raised a combined $930M: Hodler’s Digest, Sept. 19-25
25.9.2021
Fed Chair Powell Updates Progress of Digital Dollar, Says ‘I Don’t Think We Are Behind’ on CBDC
24.9.2021
Federal Reserve Chairman Jerome Powell has shared the progress of the Fed’s work on a central bank digital currency (CBDC), the digital dollar. “We are working proactively to evaluate whether to issue a CBDC and, if so, in what form,” he said, adding that he does not believe...
Fed still undecided about digital dollar, says Chair Jerome Powell
23.9.2021
Fed Chair Jerome Powell says there is no pressure to rush any central bank digital currency development plans
Crypto markets soar after Fed commits to printing and Evergrande plans to pay its debt
22.9.2021
The crypto market staged a roaring comeback after Evergrande makes a deal to pay its debts and the Fed signals a continuation of its current monetary policy
Fed’s Powell Scrutinized for Owning Bonds of the Same Type the Central Bank Bought During Pandemic
21.9.2021
As a number of Federal Reserve presidents have been criticized for their 2020 stock moves, Fed chairman Jerome Powell has been cast into the limelight for owning $1.5 million municipal bonds like the ones the U.S. central bank purchased in 2020 during the pandemic. All Eyes Are On Jerome...
After Fed Members Disclose Million-Dollar Stock Trades Fed’s Powell Initiates Ethics Inquiry
17.9.2021
The Federal Reserve chairman Jerome Powell has directed his staff to start an ethics inquiry into the financial activities of Fed members, as a number of senior central bank officials are being questioned for their investments. Reports indicated last week that the president of the Dallas Federal...
Kiwi Improves, Dollar Sluggish As Traders Bide Time Before Fed Meeting
16.9.2021
Traders have been looking forward to the coming week’s Federal Reserve Policy meeting. The Dollar has been lagging compared to the other peer currencies of different economies. The Kiwi surged by 0.23% by briefly reaching 0.47%. The New Zealand Dollar was able to jump because the economy grew...
Sources With Ties to Washington Say Joe Biden Will Renominate Fed Chair Jerome Powell
15.9.2021
Unnamed sources familiar with the matter indicate the Biden administration may allow Federal Reserve chairman Jerome Powell to continue as the central bank’s lead. The news follows three U.S. representatives asking Biden to replace Powell with a central bank leader that addresses equality...
New York Fed’s Consumer Inflation Report Expects US Inflation to Hit 5.2% by Next Year
14.9.2021
Americans are still very concerned about inflation as the latest Survey of Consumer Expectations (SCE) report from August indicates that U.S. consumers expect inflation to be 5.2% a year from now. The SCE response data hasn’t been this high since 2013, and it’s increased since...
Dollar Ready for First Positive Week in Three With Fed Stimulus
10.9.2021
The dollar has been struggling for some time, but the currency is set for its first winning week after three. After rebounding from a payrolls-triggered sell-off, the currency found a positive outlook. Investors are speculating on the Fed’s next move. All eyes are on the Federal Reserve as...
AOC, Pressley, Tlaib ‘Urge’ Biden to Replace Fed Chair With Someone Willing to Address ‘Climate Change’
1.9.2021
All the recent money creation from the Federal Reserve wasn’t enough, according to a few American bureaucrats, as three politicians from the House Financial Services Committee are urging U.S. president Biden to replace Fed chairman Jerome Powell with someone who will address “climate...
Dollar Registers Gain, Though Fed Keeps Investors Guessing
1.9.2021
The dollar’s value registered a slight gain on Wednesday in Asia even as it continued to trade at its lowest within the period of the last three weeks. The investors trod cautiously as numbers related to the US job market coming out on Friday will be important for the US Federal Reserve’s strategy...
Afghanistan’s Economic Crisis: ‘No One Has Money’ Says Afghani Banker After US Seized Central Bank’s Assets
28.8.2021
The troubles in Afghanistan rage on after the U.S. government spent 20 years and trillions of dollars on a conflict that was never resolved. The U.S. government, Federal Reserve, and allied partners have seized the central bank of Afghanistan’s assets and as time passes, the country’s...
'Uber dovish' Fed sparks S&P 500 all-time high as analyst calls new Bitcoin impulse move
27.8.2021
It's bullishness all round except for the U.S. dollar after Fed Chair Jerome Powell's latest speech, as Bitcoin gains $1,400 in under an hour
Bitcoin traders brace for Fed, options expiry as BTC price clings to $47K
27.8.2021
It's an end-of-month showdown for potential Bitcoin price triggers Friday as the Federal Reserve takes to the international stage
Rich Dad Poor Dad’s Robert Kiyosaki Says Bitcoin Is the Investment With ‘the Greatest Upside’
26.8.2021
Rich Dad Poor Dad author Robert Kiyosaki says “Bitcoin has the greatest upside.” He also revealed that he invests in the cryptocurrency because he does not trust “our leaders, the Fed, Treasury, nor the stock market.” Robert Kiyosaki Reveals Why He Buys Bitcoin, Says...
Economic Calendar Leaves the EUR in Focus as FED’s Symposium Approaches
25.8.2021
The Kiwi and Aussie Dollar were making quite some noise at the beginning of the day. Altogether, it was a good start for everyone. Alongside, U.K. forex brokers experienced the same. Kiwi Dollar Status Trade data is dedicated to the upbeat retail sales since Tuesday. During July, N.Z. trade...
$50K BTC price vs. the Fed — 5 things to watch in Bitcoin this week
23.8.2021
A major Bitcoin price milestone returns, but its staying power may see some serious tests in the coming week
Bitcoin gains strength as Friday’s $600M BTC options expiry approaches
19.8.2021
The Fed’s plan to taper a massive monthly economic stimulus pulled stocks down, but BTC ignored critical comments and looks strong heading into Friday’s options expiry