Jerome Powell | ForkLog

ForkLog 3 21.06.2023

Powell says stablecoins are money and urges regulation

The U.S. Federal Reserve should participate in regulating stablecoins. This was stated by the head of the agency, Jerome Powell.

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ForkLog 8 08.02.2023

Powell’s testimony triggers volatility in crypto markets

The interview with the U.S. Federal Reserve chair Jerome Powell at the Economic Club of Washington sparked sharp swings in digital assets.

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ForkLog 13 21.09.2022

Fed raises policy rate; Bitcoin slides below $19,000

On Wednesday, September 21, the U.S. Federal Reserve (Fed) raised the target range for its federal funds rate by 75 basis points, to 3–3.25%. The crypto market reacted with a drop.

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ForkLog 9 27.07.2022

Fed raises key rate; Bitcoin rises above $22,000

On Wednesday, July 27, the U.S. Federal Reserve raised the target range for the federal funds rate by 75 basis points to 2.25–2.50%. The cryptocurrency market responded with a rally.

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ForkLog 39 23.06.2022

Fed chair Jerome Powell: we are closely watching developments in the cryptocurrency market.

US Federal Reserve officials are closely watching cryptocurrencies amid heightened market volatility, Fed chair Jerome Powell said.

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ForkLog 11 05.05.2022

Fed shocks markets. Bitcoin climbs above $40,000

The Fed, after its May 4–5 meeting, raised the target range for the federal funds rate by 50 basis points to 0.75% to 1.00% per year. At the press conference, Fed Chair Jerome Powell ruled out increasing the pace of policy tightening going forward.

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ForkLog 7 24.03.2022

Powell flags threat to financial stability from cryptocurrencies and stablecoins

Cryptocurrencies and 'stablecoins', in particular, pose risks to the U.S. financial system and require new laws to regulate them. This was stated by Fed Chair Jerome Powell, according to Associated Press.

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ForkLog 8 16.12.2021

Fed signals three rate hikes in 2022 amid inflation risks

Following the December 14-15 meeting, the Fed pushed back the end of its asset purchases taper from June to March. The updated forecasts anticipate three rate hikes over the next two years.

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ForkLog 16 01.12.2021

Fed chair signals faster tapering of stimulus

The Fed will discuss speeding up the pace of its bond-buying taper at the December 14–15 meeting, Powell said, CNBC reports.

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ForkLog 8 22.11.2021

Biden plans to renominate Jerome Powell for a second term as Fed chair

U.S. President Joe Biden announced his intention to renominate Jerome Powell for a second term as chair of the Federal Reserve. The White House said so on its website.

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ForkLog 15 30.09.2021

Jerome Powell: The Fed has no plan to ban cryptocurrencies

The Federal Reserve does not plan to ban cryptocurrencies, but some digital assets must be brought under regulatory oversight. This was stated by Fed Chair Jerome Powell during testimony before the U.S. House of Representatives' Committee on Financial Services.

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ForkLog 11 15.07.2021

Fed chair: the emergence of a digital dollar would dent Bitcoin’s popularity

Fed Chair Jerome Powell questioned the need for stablecoins and cryptocurrencies after the emergence of a digital version of the dollar. The remarks came during Q&A with House lawmakers following his testimony on the state of the economy.

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