Jerome Powell

Federal Reserve Chairman Jerome Powell said central banks should design and implement CBDCs, not private entities.

By Nikhilesh De

Jun 17, 2020 at 7:54 p.m. UTC

Jun 17, 2020

Federal ReserveTom EmmerJerome PowellCBDCsHouse Financial Services CommitteeDigital Dollar

Markets

Inflation

Fed Officials See Anemic Inflation Despite Trillion-Dollar Money Injections

Federal Reserve officials see U.S. inflation as likely to stay below 2% over the next three years, based on a new summary of economic predictions released Wednesday by the cen...

By Bradley Keoun

Jun 10, 2020 at 6:35 p.m. UTC

Jun 10, 2020

InflationFederal ReserveJerome Powell

Markets

Federal reserve

Bitcoin Drops 2% Following Fed's First Emergency Rate Cut Since 2008

Bitcoin prices slid Tuesday after the U.S. Federal Reserve announced an emergency cut in interest rates to counteract risks to the economy from the spreading coronavirus.

By Bradley Keoun

Mar 3, 2020 at 4:33 p.m. UTC

Mar 3, 2020

Federal ReserveOECDBitcoinS&P 500Chicago Mercantile ExchangeJerome PowellCoronavirus

Markets

Federal reserve

Bitcoin Rebounds as Coronavirus-Infected Stocks Get Jolt From Fed, BOJ

Bitcoin jumped the most in two weeks Monday, surging alongside U.S. stocks amid speculation that the Federal Reserve and other central banks will support markets as the corona...

By Bradley Keoun

Mar 2, 2020 at 8:27 p.m. UTC

Mar 2, 2020

Federal ReserveGoldBank of JapanOECDTradeBlockBitcoinJerome PowellSkewCoronavirusHalving 2020John TodaroHaruhiko KurodaBayernLB

Already this year, bitcoin has suffered seven price declines of 3 percent or greater. Source: TradingView

Markets

Federal reserve

Bitcoin's Coronavirus Sell-off Throws Cold Water on Safe-Haven Argument

As U.S. stocks tumbled on Monday by the most in six months amid renewed coronavirus fears, bitcoin barely budged - at least in terms of the notoriously volatile cryptocurrency...

By Bradley Keoun

Feb 24, 2020 at 9:33 p.m. UTC

Feb 24, 2020

Federal ReserveGoldBitcoinStocksTreasury BondS&P 500Jerome PowellMati GreenspanQuantum EconomicsCoronavirusJeff DormanBitcoin as Safe HavenGreg CipolaroDigital Asset ResearchArca Funds

Policy

Privacy

Could a Digital Dollar Compete on Privacy? Fed Chairman Powell Hints It Might

Fed Chairman Powell has given financial privacy advocates a glimmer of hope – and hinted at how the U.S. might competitively position a digitized dollar.

By Benjamin Powers Marc Hochstein

Feb 13, 2020 at 12:15 a.m. UTC

Feb 13, 2020

PrivacyFederal ReserveFacebookLibracentral bank digital currencyJerome Powell

Markets

Price-news

Bitcoin Price Hits 5-Month High Above $10,350

Bitcoin’s price is trending solidly back above the five-digit figure mark.

By Sebastian Sinclair

Feb 12, 2020 at 3:14 a.m. UTC

Feb 12, 2020

price-newsFederal ReserveBitcoinMarketsJerome Powell

Federal reserve

Fed Reserve Evaluating Digital Dollar But Benefits Still Unclear, Says Chairman

Jerome Powell has said his institution is looking into the possibility of developing a digital currency, but the option throws up many policy questions and unclear benefits.

By Daniel Palmer

Nov 20, 2019 at 12:16 p.m. UTC

Nov 20, 2019

Federal ReserveCentral BankingJerome PowellCBDCs