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CATEGORY: fed chair


Jun 24, 2023 05:50

Economist Peter Schiff Slams Fed Chair Over Economic Concerns — Claims Powell Overlooks ‘Far More Relevant’ Factors

Economist Peter Schiff has slammed Federal Reserve Chairman Jerome Powell over several key issues concerning the U.S. economy, the banking system, and the U.S. dollar. “Powell is a coward. He is not doing his job,” Schiff claimed, highlighting multiple factors affecting the economy that the Fed chairman overlooked in his statements before Congress this week. [...]

The post Economist Peter Schiff Slams Fed Chair Over Economic Concerns — Claims Powell Overlooks ‘Far More Relevant’ Factors appeared first on Crypto Breaking News.

Jun 23, 2023 05:50

Federal Reserve Chair Discusses De-Dollarization Threat, Risk of US Dollar Losing Reserve Currency Status

Federal Reserve Chairman Jerome Powell has discussed the threat of de-dollarization and the risk of the U.S. dollar losing its world’s reserve currency status. He believes that the USD hegemony is a consequence of America’s economic dominance. Fed Chair Powell on Threat of De-Dollarization, USD Losing Reserve Currency Status Federal Reserve Chairman Jerome Powell addressed [...]

The post Federal Reserve Chair Discusses De-Dollarization Threat, Risk of US Dollar Losing Reserve Currency Status appeared first on Crypto Breaking News.

Jun 21, 2023 10:30

Fed Chair Powell Signals More Rate Hikes This Year as Taming Inflation Has ‘Long Way to Go’

Federal Reserve Chairman Jerome Powell has signaled more interest rate hikes this year. “Given how far we’ve come, it may make sense to move rates higher but to do so at a more moderate pace,” the Fed chair told U.S. lawmakers. “Inflation pressures continue to run high, and the process of getting inflation back down [...]

The post Fed Chair Powell Signals More Rate Hikes This Year as Taming Inflation Has ‘Long Way to Go’ appeared first on Crypto Breaking News.

Jan 27, 2022 02:45

Federal Reserve Announces Rates Will Stay The Same; Jerome Powell Responds

The Federal Reserve announcement is finally here and thankfully rates will remain the same. The markets are responding appropriately. But for how long?  ?????Boost for #BTC as fed leaves rates unchanged! ??#Bitcoin #Crypto #cryptocurrency #Cryptonews #Economics #Finance #Inflation #FederalReserve https://t.co/RSNiN9qFca — Crypto-N (@crypt0_n) January 26, 2022 The Federal Reserve announced today that interest rates will […]

The post Federal Reserve Announces Rates Will Stay The Same; Jerome Powell Responds appeared first on CryptosRus.

Jan 26, 2022 07:30

Bank of Canada Maintains Policy Rate – What This Means For Crypto

Bank of Canada maintains its policy rate. Will Jerome Powell follow suit? And, where does crypto fit into all of this? Is this a reason for optimism? Covered: Bank Of Canada Maintains Policy Rate US Fed Chair’s Imminent Policy Rate Announcement What This Means For Crypto Reasons For Optimism: FED Announcement Bank Of Canada Maintains […]

The post Bank of Canada Maintains Policy Rate – What This Means For Crypto appeared first on CryptosRus.

Jan 12, 2022 02:50

Fed Chair Jerome Powell Thinks Stablecoins Can Coexist With A CBDC

Fed Chair Jerome Powell’s latest comments on stablecoins and a CBDC continues his extremely slow ascent into becoming a crypto bull.  Covered: Jerome Powell Stablecoins Fed Chairl On Wyoming Banks Jerome Powell Stablecoins FED CHAIR JEROME POWELL JUST SAID if the Federal Reserve continue exploring a central bank digital currency (CBDC), they would coexist with […]

The post Fed Chair Jerome Powell Thinks Stablecoins Can Coexist With A CBDC appeared first on CryptosRus.

Nov 22, 2021 07:30

Breaking: Money Printer Go BRRR As Fed Chair Jerome Powell Nominated For Second Term

Jerome Powell nominated: the acting fed chair is perhaps best known to the cryptosphere as the, “Money printer go BRRR,” guy.   Jerome Powell has been nominated for a second term to lead the Federal Reserve. ?ullish for #Bitcoin ??????? pic.twitter.com/w7A4dlh2Pd — Bitcoin Archive ?????? (@BTC_Archive) November 22, 2021 President-elect Joe Biden announced today that […]

The post Breaking: Money Printer Go BRRR As Fed Chair Jerome Powell Nominated For Second Term appeared first on CryptosRus.

Feb 06, 2024 05:50

Fed Chair Powell Says US Government Is on Unsustainable Fiscal Path

Federal Reserve Chairman Jerome Powell says in the long run, the U.S. federal government is on an unsustainable fiscal path due to its ballooning debt growing faster than the economy. Moreover, the Fed chair cautioned that there will be some banks that have to be closed or merged out of existence. Jay Powell on US [...]

The post Fed Chair Powell Says US Government Is on Unsustainable Fiscal Path appeared first on Crypto Breaking News.

Mar 20, 2023 05:50

US Senator Calls for Investigation Into Bank Failures — Says Fed Chair Powell ‘Bears Direct Responsibility’

U.S. Senator Elizabeth Warren has called for a “thorough, independent investigation of the causes” that led to the failure of Silicon Valley Bank (SVB) and Signature Bank. She alleges that Federal Reserve Chairman Jerome Powell “bears direct responsibility” for regulatory and supervisory issues involving the two banks. Senator Elizabeth Warren Calls for Independent Investigation Into [...]

The post US Senator Calls for Investigation Into Bank Failures — Says Fed Chair Powell ‘Bears Direct Responsibility’ appeared first on Crypto Breaking News.

Aug 08, 2023 02:10

Federal Reserve Governor Hints at More Interest Rate Hikes

Federal Reserve Governor Michelle Bowman says additional interest rate increases will likely be needed to get inflation on a path down to the Fed’s target. “I will also be watching for signs of slowing in consumer spending and signs that labor market conditions are loosening,” the Fed governor added. More Interest Rate Hikes Likely Needed, [...]

The post Federal Reserve Governor Hints at More Interest Rate Hikes appeared first on Crypto Breaking News.

Jul 07, 2023 05:50

Peter Schiff: The Fed Has Lost Inflation Fight — ‘Markets Just Haven’t Figured That out Yet’

Economist Peter Schiff has warned that the Federal Reserve has lost and inflation is about to get worse. “The markets just haven’t figured that out yet,” he cautioned, emphasizing that “We continue to get a lot of weak economic data.” ‘The Fed Has Lost’ Economist and gold bug Peter Schiff issued more warnings about the [...]

The post Peter Schiff: The Fed Has Lost Inflation Fight — ‘Markets Just Haven’t Figured That out Yet’ appeared first on Crypto Breaking News.

May 06, 2023 05:50

Fed Chair Warns of ‘Uncertain and Adverse’ Consequences of US Debt Default — ‘We’d Be in Uncharted Territory’

Federal Reserve Chairman Jerome Powell has warned of “highly uncertain and adverse” economic consequences if the U.S. defaults on its debt obligations. “No one should assume that the Fed can protect the economy from the potential short and long-term effects of a failure to pay our bills on time,” he further cautioned. Fed Chair Jerome [...]

The post Fed Chair Warns of ‘Uncertain and Adverse’ Consequences of US Debt Default — ‘We’d Be in Uncharted Territory’ appeared first on Crypto Breaking News.

Jul 01, 2023 05:50

Federal Reserve Chair Pushes Stronger Measures to Tackle Inflation, Considers Back-to-Back Rate Hikes

Federal Reserve Chair Jerome Powell has reaffirmed the Fed’s hawkish stance. Noting that the latest economic data indicates that the Fed’s policy “may not be restrictive enough” and “has not been restrictive for long enough,” Powell stated that the central bank could raise interest rates “at consecutive meetings.” Fed Chairman Powell on Rate Hikes Federal [...]

The post Federal Reserve Chair Pushes Stronger Measures to Tackle Inflation, Considers Back-to-Back Rate Hikes appeared first on Crypto Breaking News.

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