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Tag: jerome powell

Fed to Keep Rates Near Zero, Treasury Purchases to Continue, Powell Expects ‘Transitory’ Inflation

April 29, 2021 wp-bot Bitcoin News

In a policy meeting on Wednesday, the U.S. Federal Reserve told the public that monetary easing will continue and the benchmark interest rate will be

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US Lawmaker Warns Treasury Secretary and Fed Chair Not to Ignore Bitcoin or America Will Fall Behind

April 18, 2021 wp-bot Bitcoin News

Congressman Kevin McCarthy has urged Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell not to ignore bitcoin like they have been trying to

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Federal Reserve Chairman Jerome Powell Says Cryptocurrencies Are ‘Vehicles for Speculation’

April 16, 2021 wp-bot Bitcoin News

The Federal Reserve chairman believes that cryptocurrencies are “really vehicles for speculation” and “No one is using them for payments.” He then compared crypto to

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Survey Shows 77% of Americans Are Concerned About Rising Inflation, Prices for Goods Are Soaring

March 28, 2021 wp-bot Bitcoin News

Since well before the Covid-19 outbreak was found in America, the U.S. Federal Reserve invoked a number of monetary easing policies. Then throughout 2020, the

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Bitcoin price bounces at $50K amid 4-month highs for DXY

March 25, 2021 wp-bot Cointelegraph

Federal Reserve Chair Jerome Powell hints that monetary stimulus could be withdrawn thanks to “substantial progress” in the U.S. economic recovery.

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Fed Chair Jerome Powell Says Bitcoin Won’t Replace US Dollar

March 23, 2021 wp-bot Inside Bitcoins

The growth of cryptocurrencies and the recurring theme of financial inclusion sees many countries ramp up discussion around central bank digital currencies (CBDCs). Countries like

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