us federal reserve News and Articles

The US Federal Reserve's rate hike of 75 basis points was expected. Analysts agreed that due to the acceleration of inflation, the regulator will be forced to tighten monetary policy again. At the same time, they expected a further decline in the value of shares of the technology sector and...

The cryptocurrency market has won back some losses after the fall at the beginning of the current week. Bitcoin fell to $20,900 last Tuesday but rebounded quickly as support strengthened in the $21,000 area. At the time of publication of this review, BTC was trading at $21,248. In weekly terms, the...

The Federal Reserve will recommend to Congress to expedite the Digital Dollar Launch Project (CBDC). As the head of the Federal Reserve Jerome Powell noted, the modernization of the financial infrastructure of the state requires certain decisions. However, this issue should not be a priority at...

Fed chair Jerome Powel said that the bank has no plans to prohibit crypto activities like China. Congressman Ted Budd raised the question in terms of a hearing of the House Committee on Financial Services, asking if Fed Plans include banning or limiting the use of crypto. Previously, in July,...

Fed Reserve head Jerome Powell was asked about his opinion about GameStop stock and Dogecoin's growth at the time of a press conference hold on April 28. The subject was if the surge is connected with low rates and simple monetary strategy and how it can influence financial stability. Powel finds...

US Federal Reserve chairman Jerome Powell stated that in the following years state-released digital currencies and CBDCs can perform side by side with fiat banknotes. He expressed this view during a virtual payment summit held in Basel, Switzerland. CBDCs are powered by blockchain to reach...

The Democrats bill on supporting the economy in the context of the coronavirus pandemic involves the creation of a digital version of the dollar and wallet to provide incentive payments. About it writes The Block. The current version of the bill has not yet been published and will undergo further...

An official from the US Federal Reserve considers that half of Bitcoin users are criminals. Lael Brainard stated all the dangers that cryptocurrencies yet can bring in her remarks delivered on 18 December in Germany. She was speaking as part of a panel honoring Benoît Coeuré, a member of the...