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Fed Chair Jerome Powell Discusses Leveraging an Ethereum-Based Libor Replacement

The Federal Reserve’s Chair, Jerome Powell has hinted at using an Ethereum-based interest reference rate in a transition from the London Interbank Offered Rate (Libor). Powell also detailed in a letter to Senator Tom Cotton (R-AR), that the Ethereum version of Libor, a software called “Ameribor” may not be for everyone. дальше »

2020-6-6 00:45


Dow Zooms Higher While Trump Flirts With ANOTHER Trade War

The Dow prepared to zoom higher for a second consecutive day after Federal Reserve Chair Jerome Powell all-but-confirmed that at least one interest rate cut waits just over the horizon. However, with the US stock market trading racing toward new record highs, investors must now grapple with yet another front in President Trump’s international trade […] The post Dow Zooms Higher While Trump Flirts With ANOTHER Trade War appeared first on CCN Markets дальше »

2019-7-12 16:19


Trump Prefers ECB’s Draghi as Fed Chair in Epic Powell Diss

President Donald Trump took a swipe at the Federal Reserve Chairman this week, saying Jerome Powell’s rush to raise interest rates hampered an economy that didn’t need tightening. Draghi, Not Powell Donald Trump said he would prefer the actions of European Central Bank President Mario Draghi – and wanted him as Fed Chairman instead – […] The post Trump Prefers ECB’s Draghi as Fed Chair in Epic Powell Diss appeared first on CCN Markets дальше »

2019-6-27 02:15


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