Fed Chair Jerome Powell Says Dogecoin and Gamestop Hype Highlights ‘Froth in ...

Fed Chair Jerome Powell Says Dogecoin and Gamestop Hype Highlights ‘Froth in ...

Federal Reserve Chair, Jerome Powell, discussed a number of topics this week such as inflation and central bank digital currencies (CBDCs) following the multi-day Federal Open Market Committee (FOMC) meetings. The central bank’s lead executive was asked about feverish stocks like Gamestop shares and the crypto asset dogecoin. Powell said that the Federal Reserve aims to provide financial stability but notes there are some things in capital markets that are a bit frothy. Fed Chair on Inflation: The committee Seeks Inflation Moderately Above 2% This week the FOMC meetings have shown....


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