Reserva Federal
Exploring Macro Factors Impacting Crypto Markets
Federal Reserve Chair Jerome Powell said policymakers could hike rates possibly twice more this year as the central bank works to control inflation. Johns Hopkins University professor of applied economics and Independent Institute senior fellow Steve Hanke joins "First Mover" to discuss the potential macro headwinds weighing on bitcoin's price and the wider crypto markets. Plus, the global implications of Russia briefly facing the threat of an armed insurrection over the weekend.
Fed Chair Powell Reiterates Likelihood of Interest Rate Increases This Year
On the second day of the hearing on “The Semiannual Monetary Policy Report to the Congress,” Federal Reserve Chair Jerome Powell addresses his outlook on U.S. inflation, citing the economic growth and state of job market. If the labor market gradually cools off, "the strong majority of the committee believes that it would be appropriate to raise the federal funds rate again once or twice by the end of year," Powell said.
The Chamber of Digital Commerce CEO Reacts to Fed Chair Powell's Stablecoin Remarks
Federal Reserve Chairman Jerome Powell argued for the need for strong central bank oversight in stablecoin regulations being crafted by lawmakers in the House Financial Services Committee Wednesday. Perianne Boring, founder and CEO of The Chamber of Digital Commerce, discusses what to make of Powell's comments. "It's a bigger question of the whole path to this legislation," Boring said.
Bitcoin Breaks $30,000; Fed Chair Powell Says Central Bank Needs ‘Robust’ Role Overseeing Stablecoins
Jennifer Sanansie gives a news update on "CoinDesk Daily." Bitcoin has broken $30,000 for the first time in over a year amid bullish sentiment in the market following a number of traditional finance (TradFi) players pushing further into crypto. Plus, Federal Reserve Chairman Jerome Powell argues for strong central-bank oversight in stablecoin regulations, saying "the ultimate source of credibility in money is the central bank," in front of the House Financial Services Committee. Separately, crypto exchange Binance will expand its zero-fee trading promotion to all trueUSD (TUSD) trading pairs starting June 30. And, decentralized finance (DeFi) infrastructure provider, Maverick Protocol, has raised $9 million in funding.
Fed Chair Powell Says Stablecoin Regulations Need Central Bank Oversight
Federal Reserve Chair Jerome Powell testified on Capitol Hill Wednesday, saying "we do see payment stablecoins as a form of money." Powell further underscored the significance of central banks as the "ultimate source of credibility in money" in all advanced economies. He also argued for the need for strong central bank oversight in stablecoin regulations being crafted by lawmakers in the House Financial Services Committee.
Fed Chair Powell Says More Interest Rate Hikes By Year End Are Likely
In prepared remarks before the House Financial Services committee, Federal Reserve Chair Jerome Powell noted, "nearly all FOMC participants expect that it will be appropriate to raise interest rates somewhat further by the end of the year." The central bank leader also shares his insights on the Fed's plans for decision making in order to return inflation to 2%.
El presidente de la Reserva Federal, Powell, afirma que el banco central necesita un rol sólido en la supervisión de las stablecoins estadounidenses.
El presidente de la Reserva Federal, Jerome Powell, testificó en el Comité de Servicios Financieros de la Cámara de Representantes y dijo que el personal de la Fed ha estado en conversaciones con legisladores sobre la legislación Cripto que se espera que se marque en julio.
Bitcoin Hovers Below $27K as Fed Pauses Rate Hikes for First Time in 15 Months
Bitcoin (BTC) is hovering below the $27,000 level, following the Federal Reserve's pause on rate hikes last week. Bannockburn Global Forex Managing Director and Chief Market Strategist Marc Chandler discusses the Fed’s monetary policy and his outlook on cryptocurrencies amid inflation concerns.
Bitcoin recupera terreno y alcanza los 25.200 dólares, pero los inversores siguen nerviosos por la economía y la Regulación monetaria de EE. UU.
La moneda estable USDT de Tether se desvió de su paridad de $1, mientras que otras criptomonedas importantes pasan el día en territorio rojo.
La economía de las ciencias blandas lucha con el dinero duro Bitcoin
La Reserva Federal está haciendo una pausa en el aumento de las tasas de interés para reflexionar sobre el impacto de su agresiva estrategia de lucha contra la inflación.
