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jerome powell
Jerome Powell is an American economist, lawyer, and public official who serves as the Chair of the Federal Reserve, the central bank of the United States. He was first appointed to the position in 2018 and reappointed in 2022. Powell oversees U.S. monetary policy, including interest rates and financial stability, and plays a key role in guiding the nation’s economic policy.
Fed’s Hawkish Tone Sparks $360 Million Outflow from Crypto Funds
The U.S. Federal Reserve’s latest statements have triggered a $360 million capital outflow from cryptocurrency investment products, according to CoinShares — underscoring the market’s sensitivity to monetary policy rhetoric...
Bitcoin Drops Below $108,000 After Fed Rate Cut and End of QT
Bitcoin reacted unexpectedly to the Federal Reserve’s latest policy move, sliding below $108,000 after a 0.25% rate cut and the formal end of quantitative tightening — decisions that usually support risk assets.
Paradoxical market...
QCP Capital: The Fed Is Flying Blind as Crypto Markets Stagnate
Trading firm QCP Capital has released its latest market report, warning that the Federal Reserve is “flying blind” due to a lack of up-to-date economic data, while the cryptocurrency market remains in a state of prolonged...
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