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Tag: Jerome Powell

‘W-shaped’ recovery may be too optimistic, Fed’s Powell suggests

Reuters
WASHINGTON (Reuters) - Federal Reserve Chair Jerome Powell has sketched out an altogether bumpier ride for the U.S. economy than many are predicting...

Bitcoin Climbs to $9.2K as Fed Stimulus Spurs Demand

Blockchain
On Thursday, Bitcoin stood as one of the biggest gainers after the Federal Reserve rendered benchmark lending rates to almost zero. This, of...

Analysis: Welcome to the worst economy ever

CNN
This is the worst economy ever. That's according to Federal Reserve Chairman Jerome Powell, who previewed some truly awful economic data headed our...

The Federal Reserve chairman previewed some awful economic data headed our way as a direct consequence of coronavirus and protective measures

CNN
This is the worst economy ever. That's according to Federal Reserve Chairman Jerome Powell, who previewed some truly awful economic data headed our...

Analysis: White House pushes opening that won’t find powerbrokers manning the front lines

CNN
The President's son-in-law and senior adviser, complaining behind-the-scenes that he's not getting credit for the "great success story" of the Covid-19 battle, predicts...

Asian stocks set to track U.S. gains as virus treatment hopes lift confidence

Reuters
NEW YORK (Reuters) - Asian equity markets were poised to gain on Thursday, tracking Wall Street’s rally after positive trial results of an...

US Economy Shrinks at 4.8% Pace, Signaling Start of Recession

Automotive
The record-long U.S. economic expansion is over after almost 11 years, with what’s likely to be the deepest recession in at least eight...

The Fed Sets The Scene for a U.S. Digital Currency

Blockchain
By lending widely to businesses, states and cities, the U.S. Federal Reserve has fundamentally altered the role of the central bank and paved...

Boon for Bitcoin, Donald Trump as Ex-Fed Official Pushes to Tax Savers

Blockchain
The United States Federal Reserve could be the next central bank to take up previously unthinkable negative interest rates.That was the opinion of...

News Roundup: Gold’s $3,000 Target, Cannabis Sales Spike and More

Cannabis
I’ve been tracking several news stories this week. But there are four in particular that need further exploration… Bank of America hikes gold price...

Can’t Catch Coronavirus From Cryptocurrency

Blockchain
The coronavirus pandemic has revealed that the world needs accessible digital currencies more than ever before — and it’s not just for hygiene...

Why are stocks soaring as the economy melts down? Thank the Fed.

Business Insider
Pablo Martinez Monsivais/AP The stock market climbed for a second straight week, ignoring gloomy economic forecasts and bleak data as traders find a silver...
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