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Tag: jerome powell

Dogecoin (DOGE) Makes Slight 6% Climb This Week – Here’s Why

March 24, 2023 wp-bot News BTC

Dogecoin (DOGE) price has experienced a slight upward movement, bringing hope to its supporters amidst a tumultuous period for the cryptocurrency market. Earlier today, the

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‘How did this happen’ — Powell says Fed stumped over the collapse of SVB

March 23, 2023 wp-bot Cointelegraph

In a post-FOMC meeting on March 22, the chairman of the Federal Reserve said his “only interest is that we identify what went wrong here.”

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Federal Reserve Hikes Rate by 25bps to Keep Inflation at Bay, Aims for 2% Inflation Rate by 2025

March 22, 2023 wp-bot Bitcoin News

Following the fallout over the past two weeks in the U.S. banking industry, the Federal Reserve raised the federal funds rate by 25 basis points

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Federal Reserve confirms July launch for FedNow instant payment service

March 16, 2023 wp-bot Cointelegraph

The FedNow service aims to reduce the gap in payment time between United States financial institutions.

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Moody’s Downgrades US Banking Sector to Negative After Collapse of Three Major Banks

March 14, 2023 wp-bot Bitcoin News

After the failure of three major U.S. banks last week, with two of them being the second and third largest banking failures in the country,

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Silicon Valley Bank Faces Financial Woes as Stock Is Halted, Sells $21 Billion Bond Portfolio at a $1.8 Billion Loss

March 10, 2023 wp-bot Bitcoin News

On March 10, 2023, market observers are discussing the troubles Silicon Valley Bank (SVB) faces, as the firm’s stock slid more than 60% in the

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