Jerome Powell

The Chamber of Digital Commerce CEO Reacts to Fed Chair Powell's Stablecoin Remarks

Federal Reserve Chairman Jerome Powell argued for the need for strong central bank oversight in stablecoin regulations being crafted by lawmakers in the House Financial Services Committee Wednesday Perianne Boring founder and CEO of The Chamber of Digital Commerce discusses what to make of Powell's comments It's a bigger question of the whole path to [...]

By CoinDesk Staff

Jun 22, 2023 at 3:08 p.m. UTC

Jun 22, 2023

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The Chamber of Digital Commerce CEO on Future of U.S. Crypto Regulation

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Sec

The Chamber of Digital Commerce CEO on Future of U.S. Crypto Regulation

How will the U S Securities and Exchange Commission SEC s lawsuits against Coinbase and Binance impact the industry long term Perianne Boring founder and CEO of The Chamber of Digital Commerce discusses what to make of the SEC s crypto crackdown the outlook for a spot bitcoin ETF in the United States Plus reactions [...]

By CoinDesk Staff

Jun 22, 2023 at 3:03 p.m. UTC

Jun 22, 2023

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Bitcoin

Bitcoin Breaks $30,000; Fed Chair Powell Says Central Bank Needs ‘Robust’ Role Overseeing Stablecoins

Jennifer Sanansie gives a news update on Coin Desk Daily Bitcoin has broken 30 000 for the first time in over a year amid bullish sentiment in the market following a number of traditional finance Trad Fi players pushing further into crypto Plus Federal Reserve Chairman Jerome Powell argues for strong central bank oversight in [...]

By CoinDesk Staff

Jun 21, 2023 at 7:39 p.m. UTC

Jun 21, 2023

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Fed Chair Powell Says Stablecoin Regulations Need Central Bank Oversight

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Federal reserve

Fed Chair Powell Says Stablecoin Regulations Need Central Bank Oversight

Federal Reserve Chair Jerome Powell testified on Capitol Hill Wednesday saying we do see payment stablecoins as a form of money Powell further underscored the significance of central banks as the ultimate source of credibility in money in all advanced economies He also argued for the need for strong central bank oversight in stablecoin regulations [...]

By CoinDesk Staff

Jun 21, 2023 at 6:46 p.m. UTC

Jun 21, 2023

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Fed Chair Powell Says More Interest Rate Hikes By Year End Are Likely

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Federal reserve

Fed Chair Powell Says More Interest Rate Hikes By Year End Are Likely

In prepared remarks before the House Financial Services committee Federal Reserve Chair Jerome Powell noted nearly all FOMC participants expect that it will be appropriate to raise interest rates somewhat further by the end of the year The central bank leader also shares his insights on the Fed's plans for decision making in order to [...]

By CoinDesk Staff

Jun 21, 2023 at 3:44 p.m. UTC

Jun 21, 2023

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The Federal Reserve building in Washington, D.C. (Helene Braun/CoinDesk)

Consensus Magazine

Opinion

Soft Science Economics Struggles With Hard Money Bitcoin

The Federal Reserve is talking a pause on raising interest rates to reflect on the impact of its aggressive inflation fighting strategy.

By Daniel Kuhn

Jun 15, 2023 at 7:05 p.m. UTC

Jun 15, 2023

OpinionThe NodeNewslettersFederal ReserveJerome PowellInterest RatesMacro

Fed Chair Powell Hints At Pause in Interest Rate Hike

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Federal reserve

Fed Chair Powell Hints At Pause in Interest Rate Hike

Federal Reserve Chair Jerome Powell spoke at the Thomas Laubach Research Conference on Friday, noting that although the stubbornness of high inflation continues to reverberate through the economy, policy rates "may not need to rise as much."

By CoinDesk Staff

May 19, 2023 at 6:31 p.m. UTC

May 19, 2023

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How Crypto Markets Are Responding to Odds of an Interest Rate Hike

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Federal reserve

How Crypto Markets Are Responding to Odds of an Interest Rate Hike

"If inflation continues to remain sticky, [Federal Reserve Chair Jerome Powell] is going to push us into a deeper recession than anyone wants to admit," Tactive Wealth Advisor Eddy Gifford said. Gifford also discusses the crypto market's reaction to recent U.S. monetary policy.

By CoinDesk Staff

May 18, 2023 at 3:32 p.m. UTC

May 18, 2023

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(Kevin Dietsch/Staff/GrettyImages/PhotoMosh)

Consensus Magazine

Money reimagined

The Need for Clarity in Washington – Not Just on Crypto

The recent ambiguous messaging from the Federal Open Market Committee's meeting, which left markets struggling to interpret signals from the FOMC statement and Chair Jerome Powell's comments, is typical of the abstruse signals that can be found in central bank policy-setting. But new tools, such as blockchain's cryptographic verification systems, could guide policymakers' decisions.

By Michael J. Casey

May 5, 2023 at 4:31 p.m. UTC

May 5, 2023

Money ReimaginedNewslettersOpinionFederal ReserveJerome PowellFOMCFederal Open Market CommitteeFederal Open Market Committee (FOMC)BipartisanshipPolicyCentral BankPatrick McHenryGary Gensler

Fed's Powell Says No Decision Yet on a 'Pause' in Rate Hikes

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Federal reserve

Fed's Powell Says No Decision Yet on a 'Pause' in Rate Hikes

The U S Federal Reserve's Federal Open Market Committee FOMC continued its year plus string of rate hikes on Wednesday lifting the fed funds rate by 25 basis points to a targeted range of 5 5 25 Federal Reserve Chairman Jerome Powell said during the press conference a decision on a pause was not made [...]

By CoinDesk Inc

May 3, 2023 at 9:37 p.m. UTC

May 3, 2023

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