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Crypto wrap Aug. 22: Bitcoin jumps to $117k and ETH gains 11% as Powell speech sparks rally
Bitcoin price jumped over 3% to rise from around $113,000 to trade above $117,000, with the cryptocurrency market’s reaction to remarks by Federal Reserve chair Jerome Powell sent risk assets ...
A crypto market rally is underway, with Ethereum price jumping to a record high and the market capitalization of all tokens retesting the $4 trillion milestone. Bitcoin is hovering at $116,000, while ...
Federal Reserve Chairman Jerome Powell sent the stock market soaring yesterday with his speech in Jackson Hole, Wyoming. Mr. Powell suggested the central bank could soon start cutting interest rates.
Federal Reserve policymakers are split over whether they should continue cutting interest rates, ending the long stretch of consensus that has defined Chair Jerome Powell’s leadership of the central ...
The president is under fire from Democrats for what they say is his failure to bring down prices, and polls show voters lack confidence in his economic leadership.
Fed Chair Jerome Powell just handed Wall Street a high-stakes bet: he's willing to tolerate higher inflation in the short run if it means keeping the labor market afloat. And investors? They're ...
Federal Reserve Chair Jerome Powell is set to deliver what could be a key policy address, with markets bracing that the central bank leader may still talk tough on inflation. Stream NBC 5 for free, 24 ...
WASHINGTON (AP) — Just three weeks ago, Federal Reserve Chair Jerome Powell spoke to reporters after the central bank had kept its key interest rate unchanged for a fifth straight meeting and said the ...
The dollar was holding steady ahead of a speech by Federal Reserve Chair Jerome Powell due later today. After the Fed cut interest rates last week for the first time this year, investors will be ...
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