Jerome Powell
Bitcoin Crosses $17K for First Time in 2 Weeks
Umee founder and CEO Brent Xu discusses his outlook for bitcoin as the cryptocurrency climbs above $17,000 for the first time in two weeks and U.S. Federal Reserve Chair Jerome Powell says interest rate hikes are likely coming in December.
Rate Hikes Might Slow Beginning December, Says Fed Chair Powell; Casa to Add Ethereum Support
The U.S. Federal Reserve will likely raise interest rates by another 50 basis points in December, Fed Chair Jerome Powell implied Wednesday. Popular Bitcoin self-custody firm Casa is adding Ethereum support to its platform. Messaging app Telegram has sold $50 million in usernames in less than a month through its blockchain-based auction platform, Fragment.
Powell Addresses Pace of Rate Increases
There is "significant uncertainty" an interest rate level that will be sufficiently restrictive to bring inflation down to the Federal Reserve's 2% goal, Chair Jerome Powell says in a press conference on Wednesday.
Fed Raises Rates by 75 Basis Points, Powell Says 'Ongoing Increases' Anticipated
The Federal Reserve on Wednesday raised interest rates by 75 basis points, in a move that was widely anticipated by market participants, including bitcoin (BTC) traders. "We continue to anticipate ongoing increases will be appropriate," Fed Chair Jerome Powell said.
Bitcoin Outlook Following Fed Rate Hike Announcement
U.S. Federal Reserve Chair Jerome Powell approved a fourth consecutive 75-point interest rate hike, also signaling a potential shift in how the central bank approaches rising inflation. "Wolf of All Streets" crypto trader & investor Scott Melker and StockCharts.com Senior Technical Analyst Julius de Kempenaer discuss the latest Fed decision and what it means for crypto.
Fed’s Powell: Without Price Stability, the Economy Doesn’t Work For Anyone
Federal Reserve Chairman Jerome Powell holds a press conference to discuss the central bank’s latest interest rate decision. This is the third consecutive time that members of the Federal Open Market Committee raised rates by 75 basis points.
