Tag Archives: jerome powell

The cryptocurrency market surged on Friday after U.S. Federal Reserve chair Jerome Powell delivered his much-anticipated remarks at the central bank’s annual symposium in Jackson Hole, Wyoming. Bitcoin rallied above $115,000, while Ethereum climbed more than 8% to trade above $4,600, sparking widespread optimism across digital assets. Market Reaction: Crypto Rally and Liquidations Powell’s comments triggered an immediate response from …

Both global equities and the cryptocurrency market have taken a sharp hit this week as investors brace for Federal Reserve Chair Jerome Powell’s remarks at the annual Jackson Hole Symposium in Wyoming. This high-profile gathering of central bankers, policymakers, and economists has historically served as a platform for major policy signals, and markets are reacting with caution. Bitcoin has retreated …

Former President Donald Trump has indicated plans to reveal his choice for the next Federal Reserve chair well in advance of the end of Jerome Powell’s term, which does not expire until May 2026. This early announcement would break with longstanding norms and could mark the first time in the Federal Reserve’s 111-year history that a successor is named so …

Asian stock markets moved higher on Wednesday as investors reacted positively to U.S. President Donald Trump’s assurance that he does not plan to remove Federal Reserve Chairman Jerome Powell. The comments came after earlier speculation that Powell’s job was at risk following the Fed’s pause on rate cuts. Japan’s Nikkei 225 rose by 1.9%, reaching 34,875.64 in the afternoon session. …