Tag : Jerome Powell

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Bitcoin gains momentum as investors bet on 2025 Fed rate cuts

iraqupdate.com
Bitcoin (BTC) has surged past $96,000, edging closer to the psychologically significant $100,000 threshold following dovish comments from Atlanta Federal Reserve Bank President Raphael Bostic....
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Bitcoin at $105,000 as Powell backs banks serving crypto customers

iraqupdate.com
Bitcoin surged past $105,000 following the Federal Reserve's decision to maintain current interest rates, with Fed Chair Jerome Powell affirming that U.S. banks can serve...
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US inflation persists as Trump’s tariff threats add economic concerns

iraqupdate.com
Inflation in the United States remained persistent in December, with a key gauge monitored by the Federal Reserve rising 2.6% year-over-year, up from 2.4% in...
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Powell confirms Fed will move cautiously on future interest rate cuts

iraqupdate.com
MENA Newswire News Desk: Federal Reserve Chair Jerome Powell reiterated Monday that the central bank will take necessary measures to maintain the economy’s strength, although...