Category: Fed

The Crypto Market Accumulates BTC, But Lacks Catalyst for Explosive Rise. Top DeFi Losers

As of this writing, BTC remains almost 39% off its November peak, and we have not seen any catalysts for growth to propel it to new all-time high. Cryptocurrency markets…

Fed’s Powell Scrutinized For Owning Bonds Of The Same Type The Central Bank Bought During Pandemic

As a number of Federal Reserve presidents have been criticized for their 2020 stock moves, Fed chairman Jerome Powell has been cast into the limelight for owning $1.5 million municipal…

Sources With Ties To Washington Say Joe Biden Will Renominate Fed Chair Jerome Powell

Unnamed sources familiar with the matter indicate the Biden administration may allow Federal Reserve chairman Jerome Powell to continue as the central bank’s lead. The news follows three U.S. representatives…

AOC, Pressley, Tlaib ‘Urge’ Biden To Replace Fed Chair With Someone Willing To Address ‘Climate Change’

All the recent money creation from the Federal Reserve wasn’t enough, according to a few American bureaucrats, as three politicians from the House Financial Services Committee are urging U.S. president…

US Inflation Continues To Rise Amid Lockdown Talk, Producer Prices Jump 7.8%, Biden Blames OPEC

The United States is facing severe inflation despite the Federal Reserve and mainstream media doubling down on saying the loss of purchasing power is just “transitory.” This week consumer and…

Fed’s Vice Chair Says Tapering May Happen In 2021, Senator Joe Manchin ‘Alarmed Over Record Amount Of Stimulus Injections’

The U.S. central bank’s vice chairman Richard Clarida explained on Wednesday that the Federal Reserve could begin tapering large asset purchases this year. Also, that the first interest rate hike…