Jerome Powell
The Fed Reserve Keeps Interest Rates Near Zero; Powell Calls Markets "Frothy"
Federal Reserve Chair Jerome Powell described the markets as "frothy" Wednesday and indicated that low federal interest rates, along with high rates of Covid-19 vaccinations, are driving the markets. Nik De reviews Powell's remarks as well as President Biden's and how they are being received in the crypto industry.
Fed's Powell Says Market, as Exemplified by Dogecoin, Is 'a Bit Frothy'
"You are seeing things in the capital markets that are a bit frothy, that's a fact," said Powell. "I won't say it has nothing to do with monetary policy."
US Will Not Race China to Develop a CBDC: Fed Chairman Powell
The U.S. is biding its time to see whether a CBDC was something that would be a "good thing for the people," Powell said Wednesday.
Federal Reserve’s Two-Day Meeting on Monetary Policy
CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses what we can expect to hear from Jerome Powell, Federal Reserve chair, at this week’s two-day meeting on monetary policy.
As Powell Heads to Fed Meeting, Inflation Data Can Only Get Worse
Fed Chair Jerome Powell's challenge is to convince traders he's got the resolve to respond to runaway inflation, without actually doing anything.
US Consumer Inflation Higher Than Expected in March: What It Means for Bitcoin
U.S. consumer inflation increased 2.6% in March, higher than consensus estimates. What does this data mean for the Federal Reserve and bitcoin traders?
Brian Brooks: Does the Digital Dollar Have to Be Built by the Government?
Former Acting Comptroller of the Currency Brian Brooks reacts to Powell’s and Yellen’s comments on the digital dollar project, saying a “government-issued digital dollar doesn’t fulfill the promise of a network-based economy … the way that private stablecoins do.” Brooks says that “most good things in our lives were built by the private sector.
Yellen and Powell Make First Joint Appearance Before Congress
Treasury Secretary Janet Yellen and Fed Chair Jerome Powell make their first joint public appearance before Congress today. Nik De breaks down what we can expect, including an update on the rollout of the CARES Act.
