The Federal Reserve Chairman had to explain what he meant by the term “transitory” inflation as he admitted that consumer prices have gone higher than he and other central bank officials had anticipated.
Big bullish pattern on US dollar index chart puts Bitcoin at risk of losing $30K
A strengthening dollar could be negative for pretty much every risk asset on board, including Bitcoin, whose value boomed against the dwindling greenback after March 2020.
Fed Chair Powell: ‘We’d Welcome Higher Inflation’
The central bank doesn’t want to pull back asset purchases just yet, Powell said Wednesday.
Federal Reserve Holds Rates, Asset Purchases Steady as Economic Activity Moderates
The central bank noted that economic activity and employment had moderated while the path of the economy will be determined by vaccinations
How Bitcoiners Should Watch the US Federal Reserve Meeting on Wednesday
Comments from Fed chair Jerome Powell could tell bitcoiners how committed the central bank is to staying the course on low interest rates through the rest of the year.
‘Money Printer Go Brrr’ Is How the Dollar Retains Reserve Status
Forecasts of the dollar’s demise are premature. Demand for greenbacks has never been stronger, says our columnist.
How I Learned to Stop Worrying and Love the Money Printer
Money printer go brrrrrrr. In a world inherently short of dollars, refusing to increase supply is anything but responsible and rational, says columnist Jill Carlson.
US Stimulus Plan Is Steadying Global Markets While Crypto Takes a Dip
The $2 trillion stimulus deal in the U.S. wasn’t enough to keep many cryptocurrencies from taking a dip Wednesday.
Why the U.S.’ $2 Trillion Stimulus, Unlimited QE Will Expose the Monetary System’s Flaws
As the crypto community digests a new wave of government intervention, Michael Casey and Noelle Acheson join for a discussion.
Bitcoin and Gold: Evaluating Hard-Cap Currencies in Times of Financial Crisis
How would a bitcoin economy react to coronavirus? For now, we don’t know. However, we can turn to a proxy for insight: gold.
Investors Look to Gold, Crypto After Fed Goes on QE Buying Spree
Gold is up Monday and so are most cryptocurrencies, seemingly buoyed by the U.S. Federal Reserve’s drastic action to thwart the coronavirus’ effects on markets and the economy.
Into the Unknown: No Limit on Fed Money Injections
Drastic measures are being taken by the Federal Reserve as Wall Street reels from fresh predictions of a steep drop-off in economic output due to coronavirus-related lockdowns, business disruptions and job losses.