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Bitcoin stumbles at Powell’s comments, Standard Chartered sees XRP soaring 500%, altcoin market 41% drop signals possible crypto winter, and more in this Week in Review. Week in Review Bitcoin wavered but ultimately recovered following market turbulence triggered by Fed Chair Jerome Powell’s remarks. Meanwhile, Standard Chartered made waves by predicting XRP could soar 500% … Read more
Crypto is charging into the mainstream as the Federal Reserve signals a dramatic shift, hinting at looser oversight and faster institutional adoption of digital assets nationwide. Fed Chair Powell Teases Softer Crypto Stance U.S. Federal Reserve Chair Jerome Powell spoke at the Economic Club of Chicago on Wednesday, highlighting forthcoming changes in financial oversight, particularly … Read more
Just five days ago, the likelihood of a quarter-point rate cut was higher, but with fewer than 20 days remaining until the U.S. central bank’s next Federal Open Market Committee (FOMC) meeting, those odds have diminished. In Five Days, Fed Rate Cut Odds Have Declined Massively While a rate cut seems unlikely at the May … Read more
U.S. President Donald Trump takes issue with Federal Reserve Chair Jerome Powell, asserting the central bank leader is “always too late and wrong.” Trump insists Powell should cut the federal funds rate immediately, declaring that his “termination cannot come fast enough.” Fed Showdown: Trump Calls for Powell’s Exit Over Delayed Moves During a week rattled … Read more
Federal Reserve Chair Jerome Powell said the U.S. economy remains on solid footing despite slowing growth and lingering inflation, while warning that new trade policies could create uncertainty. Powell Channels Ferris Bueller: ‘Life Moves Pretty Fast’ as Fed Navigates Economic Crossroads Speaking at the Economic Club of Chicago, Powell’s speech emphasized the Fed’s dual mandate … Read more
As detailed in a Bloomberg report, President Donald Trump has petitioned the Supreme Court to authorize the dismissal of senior figures within two autonomous federal agencies. The report posits that such a move might carve a legal pathway for Trump to oust Federal Reserve Chair Jerome Powell, challenging long-standing norms insulating the central bank from … Read more
Amid today’s ongoing market volatility, Trump stated that Federal Reserve Chair Jerome Powell must “stop playing politics” and swiftly cut the federal funds rate. Wall Street in Retreat, Trump on the Offensive: Fed Must Act ‘Quickly’ U.S. President Donald Trump’s trade war has unleashed turmoil across Wall Street, with leading stock indices enduring steep declines … Read more
The Fed chair warns inflation could spiral and growth collapse as sweeping new tariffs batter the economy, with consequences now seen as severe and long-lasting. Powell Drops the Hammer: Inflation May Spiral as Tariffs Rip Through Economy Federal Reserve Chair Jerome Powell issued a stark warning about the inflationary consequences of rising tariffs during his … Read more
Fed Chair Jerome Powell has confirmed that the Federal Reserve will not pursue a central bank digital currency, backing legislative efforts and an executive order blocking its creation. Powell Shuts Down CBDC Fears With One Word Federal Reserve Chair Jerome Powell testified before the Senate Banking Committee on Feb. 11, where he responded to concerns … Read more
Federal Reserve Chair Jerome Powell has admitted a rise in de-banking cases, stating he is “struck” by the trend and pledging a “fresh look” at the issue. Powell Admits Growing Cases of De-Banking—Will the Fed Finally Take Action? Federal Reserve Chair Jerome Powell testified before the Senate Banking Committee on Feb. 11, where Senator Cynthia … Read more
