Fed Chair Jerome Powell's challenge is to convince traders he's got the resolve to respond to runaway inflation, without actually doing anything.
The U.S. economy is "not out of the woods yet," said Dallas Fed President Robert Kaplan.
US March inflation beat expectations, but Fed likely to remain unmoved. Bitcoin traders continue to hedge.
Price charts also are sending signals the oldest cryptocurrency might be losing steam.
Banks can no longer exempt Fed reserves and Treasurys from their leverage ratios.
The Fed chairman spoke at a virtual payments conference hosted by the Basel Committee on Banking Supervision.
Fed Chairman Powell was praised for his clear policy forecasts yesterday. What might it mean for bitcoin, which means different things to different people?
The Federal Reserve has strengthened bitcoin's appeal as an inflation hedge, opening doors for a continued price rally.
Bitcoin's price has doubled this year, partly because of demand from institutional investors who are looking for an asset that might hold its worth if the dollar’s purchasing power declines.
Federal Reserve Chair Jerome Powell assures markets that monetary policy will stay loose "as long as it takes."
Bitcoin is falling, as caution ahead of the FOMC rate decision overshadows bullish chart pattern.
The question is whether Powell will allow bond yields to keep rising or if the Fed will step in to ward off any unwanted market reaction.
Bitcoin traders may be out of luck if they're expecting the Fed to further ease monetary policy as bond yields rise.
“We cannot be left behind,” Brown wrote about other nations’ central bank digital currency efforts.
Bitcoin prices quadrupled last year and have rallied 66% this year on speculation the cryptocurrency could serve as an inflation hedge.