/
/
Powell: More Rate Hikes May Be Needed to Curb Inflation
The chairman of the U.S. Federal Reserve, Jerome Powell, warned on Friday that inflation remains too high and signaled the central bank may continu...
Aug, 25, 2023
2 min read
by Bitcoin News
White House Says Biden Has ‘Confidence’ in Fed Chair Powell While Fedwatch Tool Predicts a 25bps Hike This Week
With the Federal Open Market Committee convening on Wednesday and the recent financial troubles facing the U.S. banking system, White House press s...
Mar, 21, 2023
3 min read
by Bitcoin News
‘Next Round of Bailouts Is Here’ — Bitcoin and Precious Metals Soar Amid Speculation of Fed Policy Change
At around 7:30 a.m. ET, the price of bitcoin skyrocketed past the $27,000 range to a high of $27,025 per unit. Precious metals, or PMs, like gold a...
Mar, 17, 2023
3 min read
by Bitcoin News
Moody’s Downgrades US Banking Sector to Negative After Collapse of Three Major Banks
After the failure of three major U.S. banks last week, with two of them being the second and third largest banking failures in the country, Moody’s...
Mar, 14, 2023
2 min read
by Bitcoin News