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.
Jerome Powell
Fed’s Powell Wins Forbes’ Crypto Person of the Year Honors; Do They Give Awards for Snark?
Dec 27, 2020
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.
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.
He estimated it will take “years rather than months” before the Fed releases a CBDC.
It is not immediately known if Powell’s remarks will include his thoughts on a digital dollar.
One of the best-known macro analysts breaks down last week’s Jerome Powell speech and whether it truly represents a new policy era for the Federal Reserve.
Jerome Powell
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.
