Federal Reserve Chair Jerome Powell announces appropriate monetary policy stance for US economy.
Ethereum News

Federal Reserve’s Crucial Stance: Powell Declares Current Policy Appropriate for Dual Mandate

Washington, D.C., May 15, 2025: In a highly anticipated statement, Federal Reserve Chair Jerome Powell affirmed that the central bank’s current monetary policy stance remains appropriate. This declaration signals a period of stability for interest rates as the Fed pursues its dual mandate of price stability and maximum employment. The announcement carries significant weight for […]

Bank of Japan headquarters representing its decision to hold the benchmark interest rate at 0.75%
Bitcoin News

Bank of Japan Holds Steady: Crucial 0.75% Rate Decision Signals Cautious Stability

TOKYO, JAPAN – March 2025. The Bank of Japan (BOJ) has decisively held its benchmark short-term interest rate at 0.75%, a pivotal move that maintains its cautious monetary policy stance amidst swirling global economic crosscurrents and persistent domestic inflation concerns. Consequently, this decision reinforces the central bank’s commitment to a measured normalization path, directly impacting […]

Analysis of BlackRock CIO Rick Rieder as a potential Federal Reserve Chair candidate with 35% prediction market odds.
Bitcoin News

BlackRock CIO Rick Rieder: The Surprising 35% Contender for Next Federal Reserve Chair

WASHINGTON, D.C. – March 2025 – Financial markets and political observers are closely watching an unexpected development in Federal Reserve leadership speculation. BlackRock Chief Investment Officer Rick Rieder has emerged as a serious potential candidate for the next Federal Reserve Chair, according to recent reports from Axios cited by Walter Bloomberg. Prediction market Polymarket currently […]

Breakthrough in AI-powered digital currency payments demonstrated by LG CNS and Bank of Korea
Bitcoin News

AI Digital Currency Payments Breakthrough: LG CNS and Bank of Korea Unveil Revolutionary Agentic System

SEOUL, South Korea – March 2025 – In a landmark demonstration that could redefine the future of financial transactions, LG CNS and the Bank of Korea have successfully tested a fully automated payment system for digital currencies powered by advanced agentic artificial intelligence. This pivotal test, first reported by Yonhap News, represents a significant milestone […]

Federal Reserve Governor Lisa Cook defends central bank independence during congressional testimony
Bitcoin News

Federal Reserve Independence: Governor Lisa Cook’s Crucial Pledge to Protect Central Bank Autonomy

WASHINGTON, D.C. — Federal Reserve Governor Lisa Cook delivered a significant commitment this week, pledging to defend the central bank’s independence throughout her tenure. This declaration comes at a critical juncture for monetary policy as the Federal Reserve navigates persistent inflation concerns and political scrutiny. Governor Cook’s statement reinforces a foundational principle of modern central […]

Analysis of Iran's central bank using USDT stablecoin for currency defense and international trade.
Bitcoin News

Iran’s Central Bank Makes Stunning $507 Million USDT Purchase to Bolster National Currency

In a significant development for both traditional finance and the digital asset space, Iran’s central bank executed a strategic acquisition of approximately 507 million USDT over the past year. This substantial move, first reported by Decrypt based on findings from blockchain analytics firm Elliptic in March 2025, represents a calculated effort to defend the national […]

Bank of Italy governor explains stablecoins supporting role in monetary system versus central bank currencies
Bitcoin News

Stablecoins Face Crucial Reality Check: Bank of Italy Governor Predicts Only Supporting Monetary Role

ROME, March 2025 – Bank of Italy Governor Fabio Panetta delivered a significant assessment this week about the future monetary system, predicting stablecoins will occupy only supporting roles rather than central positions. His statements during a financial technology conference provide crucial insights into how traditional financial institutions view cryptocurrency evolution. Consequently, this perspective shapes regulatory […]

People's Bank of China maintains benchmark lending rates to support economic stability in 2025
Bitcoin News

People’s Bank of China Maintains Crucial Stability: Benchmark Lending Rates Hold Steady Amid Economic Crosscurrents

BEIJING, March 2025 – The People’s Bank of China announced today its decision to maintain benchmark lending rates unchanged, signaling a continued commitment to monetary stability during a period of significant global economic uncertainty. The central bank held its one-year loan prime rate at 3% and its five-year LPR at 3.5%, marking the fourth consecutive […]

Kevin Hassett withdraws from Federal Reserve chair consideration as political pressure reshapes leadership selection
AI News

Federal Reserve Chair Race Shaken as Kevin Hassett Withdraws Amid Trump’s Crucial White House Support

WASHINGTON, D.C. — January 2025 — The race for Federal Reserve leadership entered a critical phase this week as Kevin Hassett formally withdrew from consideration for chair, following direct signals from President Donald Trump that he should remain in his current White House role. This development narrows the field of potential successors to Jerome Powell […]

Federal Reserve chair decision by President Trump will impact US monetary policy and global markets
Bitcoin News

Federal Reserve Chair Decision Looms: Trump’s Critical Appointment to Shape Monetary Policy

WASHINGTON, D.C. – November 2025 – President Donald Trump will determine the next chair of the Federal Reserve within the coming weeks, according to a White House statement reported by Walter Bloomberg. This pivotal decision arrives at a crucial juncture for the U.S. economy, potentially influencing interest rates, inflation control, and financial stability for years. […]