Jerome Powell

Newsletters

State of Crypto: The US Government Keeps Mentioning Terrorism

Congress is holding a hearing on financing for domestic terrorism this week. What role will bitcoin play?

Policy & regulation  ·  23 February 2021
Federal Reserve

Jerome Powell on CBDCs: ‘We Don’t Feel a Need to Be First’

He estimated it will take “years rather than months” before the Fed releases a CBDC.

Policy & regulation  ·  14 January 2021
Federal Reserve

Fed’s Powell Wins Forbes’ Crypto Person of the Year Honors; Do They Give Awards for Snark?

A side effect of the Fed's medicine for the pandemic-stricken U.S. economy was to create conditions ideal for the rise of cryptocurrencies.

Markets  ·  27 December 2020
Federal Reserve

Major Meeting of Central Banks Produces Same Old ‘Evaluating’ CBDCs Refrain

CBDCs continue to draw attention from central bankers, but panelists at an IMF event – including the Federal Reserve – do not expect to see their nations launch one soon.

Policy & regulation  ·  19 October 2020
Digital Currency

Fed Chairman Powell to Speak About Digital Currencies Next Week at IMF

It is not immediately known if Powell’s remarks will include his thoughts on a digital dollar.

Policy & regulation  ·  15 October 2020
Federal Reserve

Mr. Powell, If You Want Higher Inflation, Give People Money

The Federal Reserve wants a little more inflation to keep the economy buoyant. That's hard to achieve when Main Street is so under water.

Policy & regulation  ·  29 August 2020
Bitcoin

Fed Chair Powell’s Flexible Inflation Views Were Already Priced In

Federal Reserve Chair Jerome Powell did not raise many eyebrows Thursday morning when he announced the U.S. central bank would encourage some periods of inflation above its 2% target in certain circumstances to boost the long-term economy.

Markets  ·  28 August 2020
Bitcoin

Market Wrap: Bitcoin’s Powell-Induced Price Swing; Ethereum Still High on Gas

Bitcoin's price gyrated by over $450 during and after Fed Chair Powell’s comments while Ethereum’s gas congestion continues.

Markets  ·  27 August 2020
Podcasts

Everything You Need to Know About Jerome Powell’s Jackson Hole Speech

The Federal Reserve Chair announced a slate of new policy approaches, but are they inspired or impotent?

People  ·  27 August 2020
Bitcoin

Bitcoin Pops and Drops After Powell Introduces Average Inflation Targeting

Bitcoin whipsawed on Thursday after the Federal Reserve’s chairman signaled tolerance for high inflation, as expected.

Markets  ·  27 August 2020
Federal Reserve

Commentary: Fed Chair Jerome Powell Details Inflation Target Changes

The Fed confirmed if inflation consistently falls below its 2% target - as it has for most of the last decade - it will target inflation above 2%. Here's our live commentary.

Markets  ·  27 August 2020
Bitcoin

First Mover: Monetary Challenges Aren’t Just Virtual as Fed’s Powell Returns to Jackson Hole

Crypto traders are prepping for a speech by Federal Reserve Chair Jerome Powell in Jackson Hole, Wyoming, where inflation is on the agenda.

Markets  ·  27 August 2020
Bitcoin

Bitcoin’s Implied Volatility Falls Sharply Ahead of Jerome Powell Speech

Bitcoin’s options market foresees little price turbulence in the short-term, even as markets await a key speech from the chairman of the Federal Reserve.

Markets  ·  27 August 2020
Federal Reserve

WATCH: Fed Chair Powell Lays Out Plan to Let Inflation Rise Above 2% for a While

Federal Reserve Chairman Jerome Powell is expected to announce new measures to control inflation at his annual speech on the U.S. central bank's policy approach during the Jackson Hole symposium Thursday.

Markets  ·  27 August 2020
Bitcoin

Fed Chair Powell’s Jackson Hole Speech Could Hint at US Dollar’s Future

Fed Chair Jerome Powell's speech Thursday at the annual Jackson Hole Economic Symposium highlights how much has changed over the past year.

Markets  ·  26 August 2020