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Bitcoin Briefly Tops $10K After FED Announcement — Why Does This Keep Happening?
The crypto market has taken positively to the FED’s announcement. Just hours after the chairman Jerome Powell, indicated that the interest rate would remain low, Bitcoin began climbing. In the last few hours, it has gained more than 2% to take the $10K position in some exchanges. дальше »
2020-6-11 09:22 | |
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Trump Predicts US Economy to Recover by 2021 — Fed Chair, Economists Disagree
President Donald Trump has predicted that the US economy will recover by 2021, citing new jobs data released by the Labor Department which contains a “misclassification error. ” Officials say the numbers are artificially low, and Federal Reserve Chairman Jerome Powell and several economists have voiced their concerns. дальше »
2020-6-8 23:05 | |
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Fed Chair Jerome Powell Discusses Leveraging an Ethereum-Based Libor Replacement
The Federal Reserve’s Chair, Jerome Powell has hinted at using an Ethereum-based interest reference rate in a transition from the London Interbank Offered Rate (Libor). Powell also detailed in a letter to Senator Tom Cotton (R-AR), that the Ethereum version of Libor, a software called “Ameribor” may not be for everyone. дальше »
2020-6-6 00:45 | |
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Powell Backs Ethereum PoA Blockchain Ameribor For Libor Alternative
Jerome Powell, the Chair of the Federal Reserve Banks has encouraged commercial banks to use a blockchain based inter-bank lending rate setting platform. “We have been clear that the [Alternative. дальше »
2020-6-6 16:15 | |
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Ethereum-Based Interest Rate Benchmarks Suggested by Federal Reserve Chairman
United States Federal Reserve Board Chairman, Jerome H. Powell, in a written statement published on May 28, said that Ethereum-based AMERIBOR was one alternative for LIBOR, a benchmark for short-term interest rates. дальше »
2020-6-4 10:37 | |
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US Turmoil and Negative Interest Rates – Billionaire Michael Novogratz Says ‘Watch Gold and Bitcoin’
For the first time since October 2019, Federal Reserve Chair Jerome Powell admitted to leveraging quantitative easing (QE) tactics. Powell explained on Friday, the central bank is now comfortable with leveraging QE on a regular basis. дальше »
2020-6-3 06:30 | |
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Fed Chairman Powell Says Main Street Loans Just ‘Days Away’
Federal Reserve Chairman Jerome Powell reportedly told Princeton University economist Alan Blinder on Friday that Main Street loans are just days away. [Forbes] The loans are designed for mid-sized businesses that are too big for previous stimuli but too small to issue their own debt. дальше »
2020-6-1 18:14 | |
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Jerome Powell Says Fed Is Not ‘Out of Ammunition.’ Warren Buffett Isn’t Buying It
Federal Reserve Chairman Jerome Powell is confident that the Fed has more stimulus power. Warren Buffett's latest actions suggest he sees things differently. The post Jerome Powell Says Fed Is Not ‘Out of Ammunition. дальше »
2020-5-19 19:05 | |
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“Economy Dying, Fed Incompetent,” Invest In Gold, Silver, Bitcoin: Rich Dad Poor Dad Author
Last week we reported Congress passed another $3 trillion coronavirus relief package after having spent $3 trillion already. But this won't be enough and according to Fed chairman, Jerome Powell, both Congress and Fed would have to do more. дальше »
2020-5-19 18:33 | |
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The Fed’s Unlimited Ammo Highlights Importance of Bitcoin’s Digital Scarcity
Last week, Federal Reserve Chairman Jerome Powell made a somber speech about the state of the economy. In a follow-up interview, last night on 60 Minutes Powell made comments that underscore the importance of the digital scarcity hard-coded into the Bitcoin protocol. дальше »
2020-5-19 18:00 | |
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Dow Futures Add Over 700 Points as Jerome Powell Is Quite Optimistic about U.S. Economy
Coinspeaker Dow Futures Add Over 700 Points as Jerome Powell Is Quite Optimistic about U. S. EconomyThe U. S. economy is going through an unprecedented recession and a recovery will take time. дальше »
2020-5-19 16:26 | |
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Federal Reserve Chairman Powell Shares Mixed Message in 60 Minutes Interview
The Chairman of the US Federal Reserve (Fed), Jerome Powell, shared a mixed perspective on the future of the American economy on Sunday during a 60 Minutes interview. Powell expressed hope that the market would recover steadily through the second half of the year. дальше »
2020-5-18 04:50 | |
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Bitcoin Edges Higher on Additional $3 Trillion Stimulus Hopes
Bitcoin surged by almost 600 points Wednesday after Federal Reserve Chairman Jerome Powell said additional fiscal stimulus is “worth it” to protect the economy. The benchmark cryptocurrency, while rising, broke its correlation intraday with the U. дальше »
2020-5-14 08:24 | |
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Fed Chairman Powell Calls for More Fiscal Support as Recovery will be Slow, Rules Out Negative Rates
Federal Reserve Chairman Jerome H. Powell said on Wednesday that policymakers might need even stronger fiscal and monetary measures to restore the economic downturn that cost at least 20 million jobs. дальше »
2020-5-13 19:55 | |
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Bitcoin Rises Alongside US Stocks Futures ahead of Powell’s Speech
Bitcoin edged higher ahead of the New York opening bell but struggled to sustain its gains above $9,000. The gains surfaced as investors awaited the Federal Reserve chairman Jerome Powell’s speech about the next monetary policy. дальше »
2020-5-13 15:13 | |
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Chairman Powell Attacks the Modern Monetary Theory While the Economy Now Faces a Total Collapse
Jerome Hayden “Jay” Powell, chairman of the Federal Reserve Banks (Fed), has implicitly somewhat directly attacked the Modern Monetary Theory (MMT). Speaking live in the first digital conference of its. дальше »
2020-5-1 21:43 | |
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The Dow Is Surging – And the Fed’s Stunning Confession Explains Why
The Dow Jones surged mid-week as Federal Reserve Chair Jerome Powell pledged substantial and long-lasting support for the U.S. economy. The post The Dow Is Surging – And the Fed’s Stunning Confession Explains Why appeared first on CCN.com дальше »
2020-4-30 22:47 | |
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Why Bitcoin Hit $8k Ahead of FOMC Update, Wiping Out Coronavirus Losses
Bitcoin closed above $8,000 this Wednesday, wiping all its Coronavirus-induced losses from mid-March. The cryptocurrency’s move uphill came ahead of Jerome Powell’s press conference at 1430 ET today. дальше »
2020-4-29 15:00 | |
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Fed Chief’s Thursday Update Teases Stock Market’s Moment of Reckoning
Jerome Powell's upcoming webcast will give Americans a better idea of where the Fed sees the economy heading. The post Fed Chief’s Thursday Update Teases Stock Market’s Moment of Reckoning appeared first on CCN.com дальше »
2020-4-9 12:12 | |
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Coronavirus Worsens, But Surgeon General Shares Shocking WHO Advice: Don’t Wear Masks
The World Health Organization has been heavily criticized for recommending people to refrain from using masks. U.S. Surgeon General Jerome M. Adams echoed the message. The post Coronavirus Worsens, But Surgeon General Shares Shocking WHO Advice: Don’t Wear Masks appeared first on CCN.com дальше »
2020-4-1 17:11 | |
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‘This is Going to Get Bad,’ Surgeon General Warns as U.S. Coronavirus Cases Hit 46,000
America's coronavirus outbreak is going to get worse, U. S. surgeon general Jerome Adams warns as confirmed cases soar above 40,000. The post ‘This is Going to Get Bad,’ Surgeon General Warns as U. дальше »
2020-3-24 06:34 | |
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Fed Slashes Rates, Opens $700 Billion of QE to Buoy Collapsing Markets
Federal Reserve Chairman Jerome Powell announced Sunday that the agency would take drastic measures to help collapsing financial markets. [CNBC] The announcement included dropping the Fed funds rate to 0%-0. дальше »
2020-3-16 04:15 | |
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Fed’s Crazy Rate Cut Creates One Big Stock Market Casualty
Federal Reserve Chairman Jerome Powell failed to inspire confidence in the market on Tuesday, sending share prices tumbling. One sector is especially vulnerable to the Fed's surprise rate cut. The post Fed’s Crazy Rate Cut Creates One Big Stock Market Casualty appeared first on CCN.com дальше »
2020-3-4 21:03 | |
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G-7 to Coordinate Their Efforts in Fighting Coronavirus, Mnuchin and Powell to Lead a Call
Coinspeaker G-7 to Coordinate Their Efforts in Fighting Coronavirus, Mnuchin and Powell to Lead a CallLed by U. S. Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell, a G-7 call will be devoted to the discussions of the coronavirus outbreak and its economic impact. дальше »
2020-3-4 16:05 | |
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Bitcoin Teeters while Federal Reserve Chairman Saves Stocks With Promises
U. S. Federal Reserve (Fed) Chairman Jerome Powell played a stabilizing force for the stock market on Friday. The chairman told investors that the Fed will take whatever steps it can to help bolster the economy after coronavirus scares. дальше »
2020-3-2 08:10 | |
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Governments Get Aggressive & MMT is Coming Ahead of Bitcoin Halving
Investor confidence was tested today as Federal Reserve Chairman – Jerome Powell – suggests that the central bank may not have the firepower to combat the next recession. To soothe investor fears, Powell issued a short statement on Friday, reaffirming that the central bank would use its tools and “act as appropriate to support the […] дальше »
2020-2-29 22:34 | |
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The Dow Is Plunging Because the Stock Market Didn’t Take the Fed’s Bait
The Dow Jones plunged around 3% on Friday after a surprise statement from Jerome Powell failed to calm a nervous stock market. The post The Dow Is Plunging Because the Stock Market Didn’t Take the Fed’s Bait appeared first on CCN.com дальше »
2020-2-29 23:48 | |
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What Could Happen to Bitcoin If Powell Cuts Interest Rates
Traders believe US Federal Reserve (Fed) chairman Jerome Powell is 45% more likely to cut rates again sometime before June of this year. The reasons are many, but this week’s release of the Federal Reserve minutes from the January meeting will provide details. дальше »
2020-2-17 07:22 | |
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Fed Chair Jerome Powell Just Admitted the U.S. Economy Is Screwed
Fed Chair Jerome Powell conceded Wednesday that monetary policy can never return to normal. He's right, and the U.S. economy is screwed. The post Fed Chair Jerome Powell Just Admitted the U.S. Economy Is Screwed appeared first on CCN.com дальше »
2020-2-13 02:20 | |
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Fed Chair Powell Reveals US Response to China’s Digital Yuan, Libra, Public Payments Ledger
In his testimony before the House Financial Services Committee, Federal Reserve Chairman Jerome Powell answered a number of questions regarding digital currencies. While stating that “a ledger where you know everybody’s payments” is not a problem in China, he believes it is not attractive for the U. дальше »
2020-2-13 16:50 | |
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Fed Chairman Comes out in Favor of Private Cryptocurrency Transactions
In a reversal of previous policy, Fed Chairman Jerome Powell has come out in favor of anonymous cryptocurrencies in his recent comments to the House of Representatives Committee on Financial Services. дальше »
2020-2-12 22:58 | |
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Fed Chairman Powell Reveals The US Is ‘Working Hard’ On A Digital Dollar
Federal Reserve Chairman Jerome Powell discloses that the US is indeed working on a central bank digital currency Facebooks’ Libra, he said was what “lit a fire” under its work towards the digital dollar Federal Reserve Chairman Jerome Powell revealed in his testimony before Congress that the US was “working hard” on its own digital […] дальше »
2020-2-12 22:48 | |
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Bitcoin Price Soars as Jerome Powell Confirms Crypto’s Threat To U.S. Dollar
The price of bitcoin soared after Jerome Powell acknowledged that systemic threats have triggered a lot of digital currency projects. The post Bitcoin Price Soars as Jerome Powell Confirms Crypto’s Threat To U.S. Dollar appeared first on CCN.com дальше »
2020-2-11 21:54 | |
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Some Stock Market Analysts Are Decluttering Their Portfolio Like Marie Kondo
Jerome Powell's Fed policy is creating stock market clutter. Some asset strategies look like Marie Kondo's 'KonMari' method for tidying. The post Some Stock Market Analysts Are Decluttering Their Portfolio Like Marie Kondo appeared first on CCN.com дальше »
2020-1-27 20:03 | |
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Fed’s “Not” QE Pushing Dow and S&P 500 to ATH makes Investors Nervous, Driving them into Bitcoin
Federal Reserve Chairman Jerome Powell might have believed himself that his efforts to keep up funding markets are “in no sense” quantitative easing by repeating it enough times. But according to investors, it 100% is. дальше »
2020-1-21 20:25 | |
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Jerome Powell Secretly Knows the Federal Reserve Is About to Crash the U.S. Stock Market
Jerome Powell spilled the beans on the dangers of an expanding Fed balance sheet. But that was seven years ago. The post Jerome Powell Secretly Knows the Federal Reserve Is About to Crash the U.S. Stock Market appeared first on CCN.com дальше »
2020-1-17 22:00 | |
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Facebook’s Jerome Pesenti Explains the Limitations of Artificial Intelligence Research
Major developments continue to take place in the artificial intelligence industry. Facebook’s Jerome Pesenti thinks the current model of deep learning is reaching its limits, however. Dozens of companies are in the process of exploring the potential of artificial intelligence. дальше »
2019-12-10 06:00 | |
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Mnuchin Has No Problem With Libra Crypto Launch; Agrees With Powell, No Need For A Digital Dollar
Steven Mnuchin, the US Treasury Secretary said that he and Jerome Powell, the Federal Reserve Chairman, think the US doesn’t need to create a digital currency soon. This is what Mnuchin declared on Thursday, at a Washington House Financial Services Committee hearing: “Chair Powell and I have discussed this — we both agree that in […] дальше »
2019-12-6 17:59 | |
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United States Examines Launching Digital Currency, Confirms Federal Reserve Chairman
United States Federal Reserve Chairman Jerome Powell has confirmed that the nation is looking into launching its own Central Bank Digital Currency (CBDC). The news comes at a time when many other nations have also hinted at launching their own national digital currencies in a race to be among the first countries to do so. дальше »
2019-11-21 13:34 | |
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The Fed Is Analyzing A Central Bank Digital Currency, But Would The US Benefit As Much As Others?
The U. S. Federal Reserve System (FED) is analyzing the possibility to issue a digital dollar. Although there is nothing confirmed, Jerome Powell, the Chairman of the FED, explained that they are exploring whether it makes sense to issue a Central Bank Digital Currency (CBDC). дальше »
2019-11-21 23:49 | |
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‘Everything Discussed’ in Trump and Fed Meeting (Except Cryptocurrency)
US President Donald Trump has hosted an unscheduled meeting with Federal Reserve Chair Jerome Powell as of Monday. Despite claiming to have discussed “everything,” cryptocurrency appears to have been left entirely off the agenda. дальше »
2019-11-19 10:17 | |
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Dow Cautious After Pelosi Baits Impeachment Hook for a Reckless Trump
A quiet Monday for the Dow belied some risk off-moves in the index. Donald Trump’s meeting with Jerome Powell went off without a hitch. Nancy Pelosi’s offer for the president to testify in the impeachment hearings could create some serious volatility in the Dow Jones. дальше »
2019-11-19 23:30 | |
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Debt is Growing Faster Than the Economy, Unsustainable Says Powell
Jerome Powell, chairman of the Federal Reserve, has stated America is on an unsustainable path because debt is growing faster than the economy by a significant margin. He said: “The... The post Debt is Growing Faster Than the Economy, Unsustainable Says Powell appeared first on Trustnodes. дальше »
2019-11-19 21:30 | |
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Jerome Powell Says the Federal Deficit Is “Unsustainable” Even as Fed Policy Stokes Record Surge in Household Borrowing
Fed Chair Jerome Powell sounds the alarm on U. S. federal debt. The federal deficit is forecast to swell to $1. 1 trillion. U. S. household debt reached a new record high in the third quarter. дальше »
2019-11-14 00:43 | |
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Gold Price Desperately Clings to $1,450 Ahead of Fed’s Powell Testimony
Gold futures fell on Monday to their lowest levels since early August. The loss comes despite a mixed session for stocks and a declining U. S. dollar. Federal Reserve Chairman Jerome Powell will testify before Congress on Wednesday and Thursday. дальше »
2019-11-12 22:53 | |
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