Tag: Federal Reserve
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Trump’s Next Fed Chair Could Be Crypto-Friendly
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President Donald Trump is reportedly considering several pro-crypto figures to lead the U.S. Federal Reserve, signalling a potential policy shift toward digital asset innovation at the heart of American monetary policy. According to multiple reports, Federal Reserve Vice Chair for Supervision Michelle Bowman is among five final candidates shortlisted to replace current Chair Jerome Powell,…
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Federal Reserve to Explore Stablecoins and Tokenised Finance
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The United States Federal Reserve has announced it will host a major conference on payments innovation next month, placing strong emphasis on stablecoin business models, tokenisation, and the future of financial technology. The event, scheduled for Tuesday, 21 October, will convene policymakers, industry leaders, academics, and innovators to explore how the payments landscape can be…
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Ethereum Surges as Powell Signals Possible September Rate Cuts
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Ethereum and the wider crypto market rallied sharply on Friday after US Federal Reserve Chair Jerome Powell hinted that interest rate cuts could arrive as early as September. While Powell stopped short of making firm commitments during his final keynote address at the annual Jackson Hole Symposium, his acknowledgement of labour market instability and shifting…
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Powell Hints at Rate Cuts, Boosting Crypto Market Sentiment
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Federal Reserve Chair Jerome Powell has hinted that conditions in the US economy may warrant interest rate cuts in the coming months, while underscoring that the central bank will proceed carefully in its policy decisions. His remarks at the Fed’s annual Jackson Hole symposium offered investors the clearest indication yet that monetary easing could be…