Fed Chair Powell: We’re Not Seeing Significant Macroeconomic Implications From Crypto Sell-Off – Regulation Bitcoin News

Federal Reserve Chairman Jerome Powell says the central bank is “not really seeing significant macroeconomic implications” from crypto’s volatility. The Fed chair stressed that there is a need for a better crypto regulatory framework. Fed Chair Powell Says Crypto Needs Better Regulation Federal Reserve Chairman Jerome Powell testified before the Senate Committee on Banking, Housing, … Read more

US Central Bank Hikes Benchmark Rate by 75 bps, Fed’s Largest Increase Since 1994 – Economics Bitcoin News

Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News … Read more

Recession or Prolonged Inflation: The Fed Must Decide Between Two Policy Mistakes, Says Economist – Economics Bitcoin News

Allianz Chief Economic Advisor Mohamed El-Erian says the Federal Reserve will have to “decide between two policy mistakes.” One risks triggering a recession and the other could prolong inflation well into 2023. “I think the time has passed for a soft landing,” the economist stressed. Mohamed El-Erian on Inflation, Recession, and the U.S. Economy Economist … Read more

Peter Schiff Warns Economic Downturn in the US ‘Will Be Much Worse Than the Great Recession’ – Economics Bitcoin News

Following the Federal Reserve’s rate hike on Wednesday, economist Peter Schiff has had a lot to say since the U.S. central bank raised the benchmark rate by half a percentage point. Schiff further believes we are in a recession and says “it will be much worse than the Great Recession that followed the 2008 Financial … Read more