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Fed 'Absolutely Prepared' to Step Into Markets: Boston Fed President Collins
Bitcoin and U.S. stocks added to earlier gains following Collins' comments in an interview with the FT.
What to know:
- "We would absolutely be prepared" to address difficult market conditions if needed, said Boston Fed President Susan Collins in an FT interview.
- Currently, said Collins, markets continue to function well and the central bank is not seeing liquidity concerns.
- Bitcoin pushed to just shy of $84,000, up 6% over the past 24 hours, while the Nasdaq and S&P 500 extended their Friday advance to nearly 2%.
Stephen Alpher
Stephen is CoinDesk's managing editor for Markets. He previously served as managing editor at Seeking Alpha. A native of suburban Washington, D.C., Stephen went to the University of Pennsylvania's Wharton School, majoring in finance. He holds BTC above CoinDesk’s disclosure threshold of $1,000.
