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Category: Jay Powell
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Fed Chair Powell: We’re Not Seeing Significant Macroeconomic Implications From Crypto Sell-Off
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Wharton Professor Urges the Fed to ‘Bite the Bullet’ and Defend the US Dollar — Warns About Bitcoin Taking Over
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Bitcoin price eyes $50K as the US Dollar retreats after hitting its one-year high
Rising jobless claims in the U.S. sparked selloffs in the dollar market. On the other hand, Bitcoin held onto its intraday gains.
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Sources With Ties to Washington Say Joe Biden Will Renominate Fed Chair Jerome Powell
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Fed Chair Jerome Powell Says ‘You Wouldn’t Need Cryptocurrencies if You Had a Digital US Currency’
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Fed Chairman Jerome Powell Says Bitcoin Is a Substitute for Gold
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‘Control the Pandemic’ – Fed Chair Jerome Powell Predicts the Entry of a ‘Different Economy’
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 his commentary was quite similar to the recent […]
The post ‘Control the Pandemic’ – Fed Chair Jerome Powell Predicts the Entry of a ‘Different Economy’ appeared first on Bitcoin News.
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Unlimited QE and an Index Portfolio: How Fed Chair Jay Powell Can Pump His Bags
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 Americans face the risk of eviction, the 16th Chair of the Federal Reserve, Jerome […]
The post Unlimited QE and an Index Portfolio: How Fed Chair Jay Powell Can Pump His Bags appeared first on Bitcoin News.
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Trump Pressures Fed for More Rate Cuts as Mega Banks Drain the Balance Sheet
U.S. President Donald Trump is pressuring the central bank to cut interest rates even further as a spike in oil prices has offset the Federal Reserve’s ‘normalization’ tactics like rate-cutting and overnight repos. Additionally, the mega bank JP Morgan Chase (JPM) is being blamed for the lack of liquidity in the repo market’s cash reserves, […]
The post Trump Pressures Fed for More Rate Cuts as Mega Banks Drain the Balance Sheet appeared first on Bitcoin News.
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