Catenaa, Monday, April 21, 2025- Federal Reserve Chair Jerome Powell said Wednesday the central bank may ease restrictions on Crypto-related activities by US banks, signaling a potential regulatory shift as digital assets move closer to the financial mainstream. Speaking at The Economic Club of Chicago, Powell acknowledged years of “failures and fraud” in the crypto […]
Catenaa, Thursday, December 19, 2024 –The US Federal Reserve yesterday reduced its benchmark federal funds rate by 25 basis points, lowering it to a range of 4.25% to 4.50%, as Bitcoin rallied to a new all-time high of over $108,000. However, share prices slumped on the announcement, the BBC reported yesterday. The Federal Open Market Committee’s […]
Catenaa, Tuesday, February 18, 2024 – Federal Reserve Governor Christopher Waller is urging the creation of a regulatory framework that would allow banks and financial institutions to issue stablecoin. Speaking at a financial conference, Waller emphasized the growing role of stablecoins in the global economy and said that clear rules would ensure stability while fostering […]
Catenaa, Friday, April 25, 2025-The Federal Reserve on Thursday rolled back prior guidance that discouraged banks from engaging in cryptocurrency and stablecoin activities, marking a pivotal shift in federal policy toward digital assets. The central bank rescinded its 2022 directive requiring banks to pre-notify regulators of any crypto-related plans and reversed its 2023 supervisory requirements […]
Catenaa, Thursday, March 20, 2025- The Federal Reserve held interest rates steady Yesterday (Wednesday), maintaining them between 4.25% and 4.5%, citing increased uncertainty in the economic outlook. Stocks recently plummeted, and executives reported declining consumer confidence. Fed Statement can be read here. The Federal Open Market Committee (FOMC) also announced a slowdown in its quantitative […]
Catenaa, Wednesday, April 23, 2025- US stock futures soared Tuesday evening after President Donald Trump said he has “no intention” of removing Federal Reserve Chairman Jerome Powell, a shift in tone that reassured investors amid weeks of markets uncertainty. This follows President Trump hinting at the removal Powell as Fed Chair Powell in the preceding […]
Catenaa, Tuesday, April 22, 2025-Bitcoin’s price continued to reel Monday after confirmation that US President Donald Trump is exploring whether he can fire Federal Reserve Chair Jerome Powell, raising fears of financial instability and what analysts are calling an “apocalyptic scenario” for global markets. Trump’s trade war, marked by sweeping tariffs, has already rattled Wall […]