Archive: jerome powell
Inflation Is Keeping the Crypto Bear Market Alive
By Vin Narayanan on September 15, 2022
If you’re a crypto investor, you might as well grab a Snickers bar because this bear market is not going anywhere for a while. The crypto bear market is largely being driven by the declining stock markets. The stock markets are struggling because of inflation and higher interest rates. The Fed is going to keep aggressively hiking interest rates (I expect another 75 basis point hike at the end…
How the Fed Has Given Up
By Adam Sharp on August 1, 2019
The Federal Reserve cut interest rates for the first time in 11 years this week. Here’s how investors should handle it.
News Fix: Don’t Get Spooked by the Fed
By Allison Brickell on July 13, 2019
In the news this week, bitcoin takes a dive after the Fed voices concerns over Libra, Trump trash-talks crypto on Twitter, and Facebook doesn’t go for India.
Trump Gets Defensive About the Dollar
By Adam Sharp on July 12, 2019
It’s been a very interesting 24 hours in the crypto world. First, we had Fed Chair Jerome Powell testifying about crypto before Congress. He called for a halt to Facebook’s Libra stablecoin project and had some very interesting things to say about bitcoin. When asked whether crypto is a threat…
Where the Fed Points, Markets Follow
By Adam Sharp on January 11, 2019
Adam explains how the Federal Reserve has been setting the market’s course for decades.
Did the Fed Just Blink?
By Adam Sharp on November 29, 2018
Back in October, Federal Reserve Chairman Jerome Powell made it sound like interest rate hikes would continue indefinitely. But after the recent market turmoil, Powell appears to be taking a dovish approach.