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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
The Federal Reserve sees a future for crypto in banking, with Chair Jerome Powell saying banks can serve crypto customers—if they manage risks responsibly. Fed Chair Jerome Powell Breaks Silence on Crypto: What the Fed Thinks About Bitcoin Now Federal Reserve Chair Jerome Powell held a postmeeting press conference on Jan. 29 following the central … Read more
Following former President Donald Trump’s declaration that he would “demand” interest rate cuts from the U.S. Federal Reserve, policymakers defied external pressure Wednesday, maintaining the federal funds rate without adjustment. FOMC Monetary Policy Unmoved At its first 2025 gathering on Jan. 29, the Federal Open Market Committee (FOMC) observed that “economic activity has continued to … Read more
Bitcoin’s price is primed for a breakout before the end-of-month FOMC meeting, but it could go either way, says a crypto analyst. Go to Source
Bitcoin became a $2 trillion asset in less than 16 years, while companies like Apple and Amazon took 42 and 29 years, respectively, to reach that value. Go to Source
US Federal Reserve Chair Jerome Powell also dismissed the idea that people see Bitcoin as a symbol of a lack of faith in the US dollar. Go to Source
United States Treasury Secretary Janet Yellen supposedly convinced Federal Reserve Chair Jerome Powell into killing the project, the former Meta executive said. Go to Source
