Jerome Powell


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Fed's Powell: 'Overarching Focus' Is Reducing Inflation

The U.S. Federal Reserve on Wednesday raised interest rates by 50 basis points, or half a percentage point, as it continues to slow the economy and moderate price increases. "Our overarching focus is to use our tools to bring inflation back down," Federal Reserve Chair Jerome Powell said.

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Bitcoin Pares Gains as Federal Reserve Slows Rate Hikes

The U.S. Federal Reserve is raising interest rates by a half percent, as expected. Fed Chair Jerome Powell has signaled that the terminal rate, the peak rate for the current hiking cycle, is expected sometime next year. Bitcoin dropped below $18,000 on the news. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Consensus Magazine

Colui che non dovrebbe avere un impatto sulla Cripto

Le Cripto aspirano a funzionare senza supervisione monetaria, ma quest'anno il presidente della Federal Reserve statunitense ha dimostrato quanto questo obiettivo sia lontano dalla realtà in un periodo di alti tassi di interesse. Ecco perché, ancora una volta, Jerome Powell è ONE dei più influenti del 2022 secondo CoinDesk.

Jerome Powell (Will Ess for Pixelmind.ai/CoinDesk)

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No ‘Brake’ for the Fed

Data shows that prices may not ease as quickly as expected. That may mean the Federal Reserve won’t back off from raising interest rates anytime soon. Higher rates tend to weigh on risky assets like bitcoin and other cryptocurrencies. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Powell’s Puzzle

U.S. financial conditions are easing. That’s putting more pressure on Fed Chief Jerome Powell to temper the expectations of investors who sent the prices of risky assets like cryptocurrencies higher on Wednesday in anticipation of lower rate hikes, as they downplay Powell’s comments that fighting inflation is still the Fed’s priority. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Mercati

Il rapporto sull'occupazione di novembre è atteso per venerdì, mentre Powell della Fed conferma un ritmo più lento di aumenti dei tassi

Secondo il presidente della banca centrale, il rapporto sull'occupazione di novembre dovrebbe evidenziare un notevole rallentamento delle assunzioni, ma il mercato del lavoro resta troppo rigido.

(Chalirmpoj Pimpisarn/Getty Images)

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Bitcoin Crosses $17K for First Time in 2 Weeks

Umee founder and CEO Brent Xu discusses his outlook for bitcoin as the cryptocurrency climbs above $17,000 for the first time in two weeks and U.S. Federal Reserve Chair Jerome Powell says interest rate hikes are likely coming in December.

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Rate Hikes Might Slow Beginning December, Says Fed Chair Powell; Casa to Add Ethereum Support

The U.S. Federal Reserve will likely raise interest rates by another 50 basis points in December, Fed Chair Jerome Powell implied Wednesday. Popular Bitcoin self-custody firm Casa is adding Ethereum support to its platform. Messaging app Telegram has sold $50 million in usernames in less than a month through its blockchain-based auction platform, Fragment.

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Mercati

La Fed probabilmente aumenterà i tassi di 50 punti base a dicembre; Bitcoin balza

Il presidente della Federal Reserve, Jerome Powell, ha affermato che "ha senso moderare il ritmo dei nostri aumenti dei tassi" già a dicembre.

Federal Reserve Chair Jerome Powell (Helene Braun/CoinDesk)