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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
Bitcoin’s price tumbled after the United States Federal Reserve Chair Jerome Powell cast doubt on an interest rate cut in December. Go to Source
The United States dollar has lost approximately 96% of its value since the Federal Reserve Bank was established in 1913. Go to Source
Bitcoin surprised traders by opening the week in the red, and the Federal Reserve’s announcement about future rate cuts failed to reverse the downtrend. Go to Source
On Wednesday, the U.S. Federal Reserve lowered its benchmark interest rate for the first time since March 2020. The Sept. 18, 2024 rate cut amounted to 50 basis points (bps), a notably bigger adjustment than many analysts anticipated. According to the Federal Open Market Committee (FOMC) press release, the central bank remains focused on reaching … Read more
