Unpacking The Fed’s Smoke And Mirrors In Jackson Hole
Responding to Federal Reserve Chairman Jerome Powell's comments at Jackson Hole through a Bitcoin lens.Watch This Episode On YouTubeListen To This Episode:BitcoinTVAppleSpotifyGoogleLibsynOvercastIn this episode of Bitcoin Magazine’s “Fed Watch” podcast, we responded to Federal Reserve Chairman Powell’s comments at Jackson Hole on August 27, 2021. We listened to several important sound bites and discussed it along the way. Powell was expected to announce a Fed taper, where it begins to shrink its monthly purchase of securities in quantitative easing.We have often said that Powell is....
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In a few hours, the Bitcoin and financial community will be glued to their screens as Fed Chair Jerome Powell addresses the Jackson Hole symposium at 10:05 am EST. His remarks are anticipated to sway not just traditional markets like stocks and commodities, but also the volatile realms of Bitcoin and crypto. The backdrop for […]
On Friday, Jerome Powell spoke at the annual Jackson Hole Economic Symposium and the Federal Reserve chair explained that the U.S. central bank is focused on fighting the country’s red-hot inflation. Powell stressed at the event that strict monetary policy is necessary, and his commentary hinted that the Fed won’t hit the brakes on monetary tightening until inflation is tamed. Fed Chair Jerome Powell Says US Central Bank’s Inflation Policy Could Bring ‘Some Pain to Households and Businesses’ Jerome Powell had a lot to say on Friday while the Fed’s....
The price action in Bitcoin, altcoins and stocks reflects investors’ anxiety over the Fed’s rate hike plans, a weakening bear market rally and this week’s Jackson Hole economic symposium. The European stock markets and the United States equities markets are both deep in the red on Aug. 22 as investors fear that aggressive rate hikes may not be off the table. Another thing keeping investors nervous could be the upcoming Jackson Hole economic symposium, which is scheduled to begin on Aug. 25. Investors are concerned that Federal Reserve chairman Jerome Powell could further elaborate on the....
On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss what factors lead to the collapse of the bear market rally. On this week’s “The Market Report” show, Cointelegraph’s resident experts discuss some of the main factors that contributed to the collapse of this bear market rally.To kick things off, we broke down the latest news in the markets this weekBitcoin (BTC) to lose $21K despite miners’ capitulation exit? Five things to know in Bitcoin this week. Miners are a glimmer of hope in a barren Bitcoin landscape this week ahead of a key Federal Reserve....
US Federal Reserve (Fed) Jerome Powell spoke at the annual Jackson Hole Economic Symposium, which has significantly pressured the Bitcoin price. Consolidation has been the new normal for BTC over the past few weeks, but with September around the corner, macroeconomic events are likely to exercise renewed influence. Related Reading: XRP Price At Make-Or-Break Moment, Key Levels To Watch As of this writing, Bitcoin has been hovering around $26,000, but with increasing fluctuations as the Jackson Hole event approaches. All eyes and ears are set on the Fed Chair as he takes center stage and....