Tagged: jerome powell

Rate Cut, Gold & Crypto: Web3 Thoughts of the Week

US Federal Reserve Chairman Jerome Powell and rate cuts dominated Web3 thoughts this week, but some still had time to weigh in on gold and crypto. Speaking of rate cuts… “The Federal Reserve’s rate cut was widely expected, though it comes at a unique moment… Read More

The Fed and ETF Listing Standards: Web3 Thoughts of the Week

While the Fed rate cuts dominated discussions this week, Web3 also looked at some new developments with ETFs Did the Fed cut enough? “Markets are on edge this week as investors await the outcome of the most important FOMC meeting of 2025. Some analysts expect… Read More

Fed Cuts Interest Rates by 25 BPS, More Cuts on the Way

Federal government press conference with flags in background, speaker at podium discussing COVID-19 updates.

As was expected, the US Federal Reserve cut its benchmark rates by 25 basis points, to 4% to 4.25% percent. The FOMC noted that while inflation remains somewhat evelated, economic activity has slowed along with job growth. Voting for the rate cut were Chairman Jerome… Read More

Stocks Volatile After Powell’s Jackson Hole Misstep: Nigel Green

US stocks were volatile this week after President Donald Trump’s attempt to remove Federal Reserve Governor Lisa Cook from the central bank’s board of Governors, an unprecedented act that is intensifying fears about the erosion of the Fed’s independence. The ICE US Dollar Index shed… Read More

Web3 Discusses Rate Cuts and Their Crypto Effect

Web3 discusses how rate cut signals and political pressures are shaping crypto flows, and what’s next for Bitcoin: “Rate cuts and political pressure are creating two reinforcing forces for crypto right now: on one side, lower rates weaken the dollar and push capital toward alternative… Read More

Looking Ahead at Powell’s Looming Departure

The annual Jackson Hole gathering closed with what may well prove to be Jerome Powell’s last major act before the September meeting — and while he resisted committing to a cut, the stage remains set for one, predicts Nigel Green, CEO of global financial advisor… Read More

Jackson Hole: Web3 Reaction

Web3 was closely watching this week’s action out of Jackson Hole. Industry figures share their thoughts below. “Powell’s Jackson Hole speech struck a positive tone for markets, with investors now largely pricing in a rate cut as soon as September. He signalled that the Fed’s… Read More

Fed Now Expected to Cut Interest Rates in September Following Chair Powell’s Speech

In a speech delivered at Jackson Hole today, Federal Reserve Chairman Jerome Powell messaged a possible rate cut next month. As data has been contradictory regarding whether inflation was at risk of rising or unemployment heading lower, expectations for a rate cut in September have… Read More

Fed Hold’s Rates Steady Defying Trump’s Demand for Lower Rates

The US Federal Reserve, Open Market Committee, has decided to hold rates steady in a move that is likely to frustrate President Donald Trump, who has been rather vocal in advocating for lower interest rates. Markets have anticipated this decision with current expectations indicating rate… Read More

Why Trump Still Won’t Fire Powell

President Donald Trump may be turning up the heat on the Federal Reserve, but he won’t dare pull the trigger on Chair Jerome Powell’s job because the market reaction would be immediate, brutal, and global, deVere Group CEO Nigel Green suggests. This week’s planned visit… Read More

Stagflation Good For Bitcoin: Nigel Green

With the Federal Reserve now openly warning of stagflation, Bitcoin is rapidly emerging as a preferred option for investors seeking insulation from mounting economic stress, says deVere Group CEO Nigel Green. The expected rise in US consumer prices, coupled with weakening labor and investment data,… Read More

Why Trump Won’t Fire Powell

Donald Trump’s claim that he has “no intention” of firing Jerome Powell is not an act of restraint—it’s a “recognition of reality”, deVere Group CEO Nigel Green believes. Green spoke after Trump on Monday continued his criticism of the Federal Reserve chair, calling him a… Read More

Fed Chair Jerome Powell Says No Way to a Central Bank Digital Currency (CBDC)

The Chairman of the US Federal Reserve, Jerome Powell, was testifying before the Senate Banking Committee today. While typically targeting the Fed’s dual mandate of pursuing full employment and low inflation, the hearing provides an opportunity for the Members to query the Chair on other… Read More

Federal Reserve Holds Rates Steady as Anticipated, Fed Chair Believes a Crypto Regulatory Framework from Congress Would be Helpful

There was little new today emerging from the US Federal Reserve announcement as it decided to hold rates steady, matching market expectations. The Fed decided to maintain the target range for the federal funds rate at 4-1/4 to 4-1/2 percent. The FOMC [Federal Open Market Committee]… Read More

Four Investing Strategies for 2025

Nigel Green sees, at most, one rate cut in 2025. The deVere Group CEO said that is based on a mounting realization that inflation remains dangerously sticky, and the interest rate needed to bring it fully under control needs to remain higher than many previously… Read More

Fintech CEOs Kravchunovsky, Kozyakov See Busy Bitcoin in 2024, 2025

From Donald Trump’s strategic Bitcoin reserve to the potential for a Santa rally, fintech CEOs had plenty to say about the world’s most popular cryptocurrency this week. Tim Kravchunovsky, founder and CEO of the decentralized telecommunications network Chirp, said it is great to see Donald… Read More

What Trump’s Win Could Mean for the Fed

Donald Trump’s return to the White House raises concerns that he might seek significant influence over the central bank’s policy decisions, warns deVere Group CEO Nigel Green. Green spoke ahead of Federal Reserve Chair Jerome Powell’s end-of-meeting speech on Nov. 7. “There are fears that… Read More

US Federal Reserve Cuts Benchmark Interest Rates by 50 Basis Points: “Our Restrictive Policies Have Eased Inflation”

The US Federal Reserve, Federal Open Market Committee (FOMC), has decided to cut benchmark rates by 50 basis points – the first cut in four years. The Fed said it is not on any pre-set course but felt its restrictive policies had the desired impact… Read More

US Federal Reserve Decision: No Rate Cut, Yet

The US Federal Reserve has held rates steady, holding off on rate cuts that many anticipate this coming fall. While Fed Chairman Jerome Powell said they had made much progress on their goal of inflation of 2% and full employment, the Federal Open Market Committee… Read More

US Federal Reserve Holds Interest Rates Steady, Powell Says He Expects Inflation to Decline

The US Federal Reserve’s Federal Open Market Committee (FOMC) decided to hold rates steady today. While no one was expecting a move in either direction, markets were keenly watching the FOMC statement to determine the Fed’s thinking regarding future rate adjustments. The target range for the… Read More

Send this to a friend